Press Release
KAR CIO Doug Foreman on CNBC, Highlights Keeping Investment Focus on Real Economy
June 5, 2018
Doug Foreman speaks live on CNBC’s Closing Bell on June 1, 2018

KAR Chief Investment Officer Doug Foreman was a guest on CNBC’s Closing Bell segment on Friday, June 1, 2018. Topics touched upon included the current state of the global markets and a stock rally of the day on a strong U.S. jobs report. Doug discussed how KAR aims to “keep politics out” of our investing and to “stay focused on what’s actually happening with the real economy,” pointing out factors such as plentiful jobs and interest rates that are still relatively benign that combine to create a favorable environment for equities.

 

https://www.cnbc.com/video/2018/06/01/stocks-rally-on-strong-jobs-report.html

 

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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.