Nolte Urges Caution
Senior Vice President, Paul Nolte urges caution in the months ahead in today’s Wall Street Journal article after
Even as some stock indexes hit record highs, Paul Nolte, portfolio manager at Chicago’s Kingsview Asset Management, said he expects more languid trading sessions until investors have greater clarity on the economy.
“What will change [the market’s trajectory] is if the economic data over the next few months comes in weaker than expected when the temperature makes it above the freezing level,” Mr. Nolte said. “That is the one thing that could derail this rally.”