Fisher Investments' Founder Discusses Positive Fundamentals Everyone Is Overlooking

Fisher Investments’ founder, Executive Chairman and Co-Chief Investment Officer Ken Fisher describes underappreciated economic drivers that could lead to a strong rebound in stocks sooner than many think. For example, robust loan growth along with the unwinding of COVID lockdowns in China—the world’s second largest economy—could drive higher economic activity and have positive effects.

Ken argues we are experiencing a low growth economy that many are confusing with recession. Ken says that, even with the recent Fed rate hikes, the 90 day-10 year yield curve is wider than it was in January—indicating a healthy lending environment. Additionally, a normalizing post-COVID economy and easing supply chain bottlenecks set the stage for potential upside economic surprise.