Where's the risk? U.S. fund managers bet on bull run in 2020 [Reuters]
Tidewater Inc. (TDW)
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Source: Reuters
Where's the risk? U.S. fund managers bet on bull run in 2020 NEW YORK (Reuters) - With the UK election results giving some certainty to the Brexit process, a U.S.-China trade deal all but signed and the Federal Reserve signaling that it will stand steady for the foreseeable future, there are three fewer hurdles standing in the way of global equities extending their record run into 2020. Yet fund managers say that lingering issues on trade and the U.S. elections in November could still weigh on returns in 2020, leaving long-shunned U.S. value stocks and international equities primed to outperform in the year ahead. “You’re going into an environment where there’s a lot of good news already priced into the market, so if there’s any derailing of any positive items, there’s not a lot of give,” said Elliot Savage, portfolio manager of the YCG Enhanced Fund, which is up nearly 40% for the year to date. By focusing on unloved areas of the market such as financials, “You have a chance to pick
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- Tidewater Inc. (NYSE: TDW) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
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- 3/25/24 - Form 4
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