Press Release
KAR CIO Doug Foreman Featured on TD America Network’s Morning Trade Live
January 28, 2019
Foreman shared his thoughts on the equity market, highlighting areas and businesses that have seen meaningful increases in their stock prices after an underwhelming fourth quarter.

Foreman illustrates that today’s conversation among strategists and investors are certainly different from a year ago: at the beginning of 2018 people thought the “economy was bullet-proof,” and “synchronized global growth” was an oft-cited phrase. Not so right now; people are aware the economic outlook has shifted. But at the same time, investors also have moved past the fear that was prevalent in the markets in December. Foreman adds that stock prices have adjusted downward enough that many are now back in favor with investors, and details the strong performance notched recently by Okta, a KAR portfolio company.

 

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DISCLOSURE

This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information contained in this material is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date of the material, and KAR does not undertake to update the information presented should it change. This information is based on KAR’s opinions at the time of the recording of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein.