Surveillance: Fed's Next Move with Dudley
Bloomberg Surveillance
00:00
Is the S&P in a Stock Picker's Environment?
Leonard Kohn: I think the 4800 and the S&P will be high that will stand for quite some time. He says we're in a stock picker's environment; he expects returns to be very pedestrian. The political system is getting corrupted, that's negative for capitalism long-term, he says.
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