PRUDENTIAL FINANCIAL, INC.
16 June 2014
Thought Leader of the Week: Ed Campbell
Thought Leader of the Week: Ed Campbell
Market recovery is on the horizon for 2014
Unusually severe weather led to a negative first-quarter GDP growth in the United States, but Ed Campbell sees a snap back in growth on the horizon. "Despite the economic weakness, profit growth has still been reasonably strong, coming in at about 5 to 6 percent growth year-over-year in the first quarter," notes Campbell, a portfolio manager for Quantitative Management Associates. He expects U.S. economic growth of 3 to 4 percent over the balance of 2014.
Some risky assets, like U.S. small cap stocks, have corrected after a big run-up last year while, emerging market equities have rebounded-a sign of internal rotation and healthy consolidation. Campbell expects stocks should continue to climb higher looking forward.
Interested in more information? Watch a roundtable discussion of the global markets performance from the first half of 2014. Want to speak to Ed? Contact John Chartier.
Please read this important information.
Some risky assets, like U.S. small cap stocks, have corrected after a big run-up last year while, emerging market equities have rebounded-a sign of internal rotation and healthy consolidation. Campbell expects stocks should continue to climb higher looking forward.
Interested in more information? Watch a roundtable discussion of the global markets performance from the first half of 2014. Want to speak to Ed? Contact John Chartier.
Please read this important information.
Contact(s):
| John Chartier phone: 973-802-9829 |
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