Stop worrying about a global contagion because the U.S. economy is firing, says ReformedBroker
Economic stresses from Europe to Asia continue to stoke fears that a global slowdown could spread to the U.S. and wreak havoc in the stock market. But Josh Brown, CEO of Ritholtz Wealth Management, isn’t losing any sleep over it.
Read: Mueller report aside, here’s why the U.S. stock market could be about to deliver explosive gains “The first quarter is always disappointment,” Brown said. “In some years, we had that because of major northeastern snowstorms. In other years, we had that because of the falling price of the oil. It happens every single year. You will see a bounce back in the data when we get deeper into Q2 right on schedule.”
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