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Mott Capital's Michael Kramer On The Coming Rally In Equity Markets

October 07, 2019 / NA

Mott Capital's Michael Kramer discusses his bullish views on the economy and on equity markets.
Fears of an economic slowdown are misplaced, as manufacturing numbers still need to fall further to become recessionary, and other data speaks to continuing expansion.The S&P 500 should reach 3,400 next year, with materials, industrials, and small cap stocks outperforming. Favorite ideas include Disney, Netflix, and AT&T. Michael Kramer, founder of Mott Capital Management, joins the Marketplace Roundtable Podcast to discuss his investing experience as reflected in the Reading the Markets service.
Kramer took an interest in investing from a young age and quickly started earning income for college tuition. That was in the late 90s,says Kramer. "It was a much easier time than today." But it wasn't automatic. There were "all sorts of hiccups along the way,including the Asian financial crisis in 1997 and Long Term Capital Management in 1998. Having liv...