Continuing consumer confidence and investor belief that the Federal Reserve will support the economy led to small stock market gains for the third consecutive session. “We continue to be in an environment of recovery and modest growth, but not at a point of excessive strength that would cause a reversal in Federal Reserve policy when it came to raising interest rates,” James Abate, chief investment officer at Centre Asset Management in New York, said. “It’s positive for stocks.”
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
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Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: