“
‘If you were a hedge fund and had a six-week view, I would be very careful here … But if we look beyond this towards next year, those risks will go away.’
”
That’s Jonathan Golub, U.S. Credit Suisse’s equality strategist in a Bloomberg TV interview on Thursday, declining bullish on the coming year thanks to “the most recognizable stimulus plan ever. never. ”
And what is that plan, exactly?
Reopening the global economy, Golub says, will drive a bullish cost through the stock market, and help stimulate two “worry free” sectors, in particular: healthcare and finance.
“Those are the two best sectors you will have in the year ahead,” he said, adding that the investor background is “extremely optimistic.” Watch the full interview:
“Extremely optimistic” may have overstated what investors saw in Thursday’s trading action, but nonetheless stocks were moving significantly higher, with industry average DJIA Dow Jones,
up triple numbers. The S&P 500 SPX,
and the tech-heavy Nasdaq Composite COMP,
they were also in rally mode.