Joe Battipaglia Quotes
Rotation is indeed a reality but, if the economy is doing better, tech stocks will lead it because they are the new industrials.
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Rotation | Reality | Economy | Tech | Stocks |
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If the Fed's concern has been about the overall level of stock prices, and it has also been about the multiplier effect of wealth creation, then clearly having a correction like this may well lend itself to their deliberations of what they will do next. At the end of the day, they may well bring in that quarter of a point, but even that's in jeopardy now.
- Joe Battipaglia
