Remarkable 1Q earnings season left no doubt corporate America is in a recovery, says Rebecca Felton. She adds the consumer is healthy and spending and still has cash on the sidelines in terms of the savings rate, so very encouraging across the board. They are seeing companies resume their spending for growth. Their stock portfolios are positioned with a healthy mix of growth and value. They have boosted exposure in industrials, consumer discretionary, and financials.
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03 May 2021
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