February 6 (Bloomberg) — Jeffrey Kleintop, who helps manage $237 billion as chief market strategist at LPL Financial Group, talks with Bloomberg’s Brian Sullivan from Boston about the outlook for the U.S. stock market, comparisons between the current environment and the market situation in 1998, and some of Kleintop’s industry picks. (Source: Bloomberg)
Summary:
Kleintop sees a turnaround in the market in as soon as 6 weeks. He compares today’s problems to 1998 when we had LTCM (Long Term Capital Management) blow up and the Asian currency crisis. He says this is a “mid-cycle” slow down. Any thoughts?
Monterroza Research 