John Derrick Talks Market Strengths
John Derrick, Director of Research at U.S. Global Investors, talks with CNBC about expectations for the Federal Reserve and what he thinks is likely to happen with interest rates. John says that there has been a sense of global weakness in the markets, and based on this, interest rate increases aren’t likely to happen for another six to nine months.
However, John also confirms his view that things are looking quite positive in the U.S. The market has largely bounced back from a correction earlier in October, and the market is in the midst of a strong earnings season. Watch the interview to see why John thinks it’s still a good time to invest in U.S. stocks.
For more of John’s thoughts on what’s ahead for interest rates, tune in to our recent webcast which is now available on demand: One World Market, Many Central Banks: How Will Your Investments Be Impacted?
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