Charles Schwab Chief Investment Strategist Liz Ann Sonders tells Fox Business Network that she thinks we’re in the early stages of a “coiled spring” recovery, and says that too many investors are trying to make all-or-nothing calls as they ponder whether to get back into the market right now.
Sonders, who correctly called the start of the recession, says there’s a risk that what we’re seeing now is a “sugar high”. But, she adds, “I think that the better case right now is that there’s going to be a little more sustainability thanks to corporate profitability than a lot of people think. And I think we could see a longer lasting pop here than certainly the pessimists believe.”
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