HomeLifestyleVehiclesRobust GDP Growth Estimates Remain Intact
Robust GDP Growth Estimates Remain Intact

Is the flattening yield curve a sign that markets are afraid the Federal Reserve will inhibit the economic recovery? That's what Bill Stone suggests who adds that value stocks, which tend to trade in correlation with interest rates, are also lagging. Stone expects to see better performance out of those value names, however, as uncertainty fears settle. He expects the Fed will announce tapering in the fourth quarter of this year. In addition to overall market performance, Stone discusses the robust GDP growth estimates as well as June's jobs report.

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