Top fund manager Ken Heebner says that, while the market is not as cheap as it was last year, he is still finding US stocks quite attractive. Heebner tells WealthTrack’s Consuelo Mack that while prices are up, earnings are also up, and inflation is low. He continues to think that the economy has a number of years of growth ahead of it and that a number of companies will continue to produce solid earnings growth. Heebner also talks about whether the rise of high frequency trading has impacted his approach, and whether or not he sees today’s market environment as more volatile than in years past.
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