Investors looking at the big picture should probably relax, according to Credit Suisse’s Jonathan Golub. He sees higher net margins ahead.
(Nasdaq) While spiking Treasury yields sent the Nasdaq Composite tumbling over the past month, the banking sector has continued to outperform.
Doll will retire this month, ending a 42-year investment career that effectively redefined the "strategist" role at Merrill and BlackRock.
In the high-quality corporate bond market, the downgrade cycle appears to be over, he said. "The upgrade cycle has probably started to get underway."