A $1.2 Trillion Fund Says Skip Earnings Season, Buy U.S. Stocks

(Bloomberg) — Jim McDonald is using all of his four decades of experience in financial markets to navigate the global pandemic’s impact for wealthy and institutional customers at Northern Trust Corp. His main message: be bullish on U.S. stocks.The huge policy response from American authorities and prospects for even more fiscal measures have left McDonald favoring the U.S. over others. For the chief investment strategist at Northern Trust, which manages about $1.2 trillion, this earnings season won’t offer much to investors. What’s more important is understanding how the economy will get back on its feet as restrictions ease, he says. …read more

Source:: Yahoo Finance

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