Markets have “short-term memory” and this correction does not account for the innovation that the leaders of the S&P 500 are producing, said David Barse, CEO of XOUT Capital.
Barse told David Lin, anchor for Kitco News, that “This is the same issue that has occurred in the first quarter of this year where a slight uptick in Treasury yields seems to cause a deflation of everything that’s innovative.”
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow XOUT Capital on Twitter: @XoutCapital (https://twitter.com/XoutCapital)
0:00 – Markets have short-term memory
2:30 -Interest rates
4:40 – What will S&P look like in 10 years?
12:20 – Laggard stocks
14:40 – Tesla
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