Basically (the flat curve) is saying the underlying growth in the U.S. economy may not be as strong as the high short-term interest rates might warrant. Rory McPherson More Quotes by Rory McPherson More Quotes From Rory McPherson The big driver behind U.S. resilience is that tech has been strong, expectations are pretty high for the earnings season, with talk of 20 percent earnings growth year-on-year. Rory McPherson company-news We're actually looking at it as an opportunity to add some risk back into portfolios and use some of the cash that we built up, it's really been consumer discretionary and autos in particular that have been hit so far by concerns about trade wars but actually the underlying drivers of the market - tech, energy, healthcare, have been really strong. Rory McPherson company-news
