HomeLifestyleRetailKristina Hooper: Factors Are In Place For A Strong Economic Rebound
Kristina Hooper: Factors Are In Place For A Strong Economic Rebound

Kristina Hooper, Chief Global Market Strategist at Invesco, says investors are nervous about inflation. She says the Jay Powell speech revealed that he may be the biggest cheerleader for the economy. She adds the Fed is expecting a brighter outlook but wants to remain very accommodative. She thinks that the 10-Year Treasury Index will hit 2% well before the end of the year. She is very optimistic about a strong economic rebound due to factors such as the vaccine rollout and individual higher savings rate. She adds we are likely to see cyclicals and smaller caps to outperform larger cap stocks and the more defensive and secular growth names.

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