Have we really got tired of talking about a trade agreement?
Because it is honest, it is not so much for investors to defeat right now, as the Fed stays in its corner and the earning period ends. Growth concerns? China just cut its forecasts and announced a plan (see below). Beyond that, there is always the discussion about too fast, too long stock market gains.
Enter Lori Calvasina, Head of US Equity Strategy at RBC Capital, who told Bloomberg Radio that anyone who overpowers these juicy gains seen since the beginning of the year can only relax because the valuations are not crazy and the feeling looks not stretched out
"I don't see the same pressure on this market as we saw last year," she says, adding that the market may just need some "signs that the economy digs out of the rough space" to continue move higher. But be patient because these signals may not arrive later this year.
Actually, we had a bear market, but it was last year, says Ross Gerber, president and CEO of Gerber Kawasaki, who gives our call of the day . An optimistic Gerber tells MarketWatch that the checklist of concerns is small for investors, with concerns about earnings that are already baked, a trade agreement is inevitable, and at least in his view, a recession is not likely to happen.
On his ring ̵
"Disney changes Hollywood as we know it," says Gerber, who is quite pumped about the House of Mouse
DIS, + 0.28%
soon released the streaming app that he says "everyone with children should sign up." To be sure you are coming through the toddler years without Nemo or Woody and the gang, would be a grind.
Then there is the movie slate – "Captain Marvel" this week and "Frozen 2" later this year – and a charming "Star Wars" amusement park to rake in even more money. Gerber, managing $ 830 million, says Netflix
spend good money on movies right now because it knows it has to be filled in the gaps on a lot of content listed for Disney.
I don't even know the words to explain how good the captain's wonder is.
– h (@halsey) March 5, 2019
The company announced that it will cut compensation for CEO Bob Iger by $ 13.5 million in a move to close its deal for 21st Century Fox
FOX, + 0.16%
who will give more Marvel characters and probably a controlling stake in Hulu.
While Netflix has experienced a 31% increase so far this year, Disney is far behind with a 4.3% gain that puts it behind the S & P's 11.4% increase. Investors pay about 15 times the price / earnings for Disney, while Netflix is 130 years old. But Gerber says he sticks to both.
Read: Politics can come back to mock "Captain Marvel" at the box office
Disney falls into the consumer discretionary sector he likes – he's also a fan of Home Depot
-time with tech and he is concerned with China, including Tencent and its own answer to Netfix, IQIYI Inc.