Publication: CNBC The Call Date: November 19, 2009 Headline: Bullish on Equities Expert: Rob Lutts Abstract:
CNBC’s Erin Burnett sits down with Rob Lutts, CIO and president of Cabot Money Management, to discuss why he is bullish on equities. “Housing is more affordable today than it has been in the past 36 years. This is a foundation and a support mechanism for our economy, and why the markets are performing well today. The stock market is trading on next year’s economy, not today’s. We can’t look at today’s slew of bad economic data. You have to recognize these forces are favorable today and you have to be positive on equities,” says Lutts.
