Subtitles section Play video Print subtitles IT IMPACT THE U.S.? THE PRESIDENT AND FOUNDER, MARK AVELON. >> GOOD MORNING. MARIA: DOES IT IMPACT THE WAY YOU ALLOCATE MONEY FOR THE U.S. OR EXPECTATIONS FOR THE U.S.? >> CONTINUATION AND THEY WILL DO WHATEVER THEY CAN TO KEEP A STRONG ECONOMY NOT ONLY TO STAY IN POWER BUT RIGHT NOW THEY WILL DO IT SO THEY HAVE MORE LEVERAGE AND STRONGER POSITION AGAINST PRESIDENT TRUMP AND TRADE TALKS. I THINK THE CHINA MOVES SHORT-TERM IN FOCUS, THEY'RE A NET POSITIVE FOR STOCK, THE STRONGER THE CHINESE ECONOMY, THE STRONGER THE TRICKLE IN MERGING MARKET AND VALUABLE TRADE PARTNER IT IS FOR US. SO FOR STOCK INVESTORS IT'S ALWAYS GOOD SEEING CHINA DOING THIS, LONG-TERM WE ARE NOT SURE HOW IT ALL PLAYS OUT. MARIA: WE ARE SEEING THE MARKETS REACTION, ANY TALKS OF TRADE DEAL OR IMPACT ON THE ECONOMY THERE, DO YOU THINK WE WE WILL G THERE, DO YOU THINK WE WE WILL T A TRADE DEAL AND DO YOU THINK THAT WILL MOVE MARKETS? >> I THINK WE WILL GET A DEEP, WE DON'T KNOW HOW DEEP OR MEANINGFUL IT IS. PRESIDENT TRUMP AND CHINESE COUNTERPARTS WANT A DEAL. THE CHINESE WANT THEIR ECONOMY TO PICK UP. PRESIDENT TRUMP WANTS A VICTORY IN A BIG WAY SO I THINK WE WILL GET A TRADE DEAL BUT WHAT HAPPENS WITH THE RUN-UP IN STOCKS IN JANUARY AND FEBRUARY, FIRST IT WAS A FEDERALLY WHEN POWELL BACKED OFF A LITTLE BIT BUT THIS LAST LEG OF THIS 2019 BURST IN STOCK MARKET HAS BEEN BECAUSE OF OPTIMISM ON TRADE, THE RISK NOW TO TRADE IS TO THE DOWNSIDE, IF THE MARKET DOESN'T REALLY LIKE WHAT COMES OUT OF TRADE TALKS, I THINK THE POSITIVE NEWS IS BAKED INTO THE NUMBERS AND THE RISK NOW IS A LITTLE BIT TO THE DOWNSIDE. MARIA: DOWNSIDE. LET'S TALK ABOUT A RETAIL FOR A MOMENT, TARGET, COMPANY EXPECTED TO POST EARNINGS OF 1.52, REVENUE OF $22.98 BILLION, KOHL'S, ALSO OUT TODAY IN AN ABOUT, RETAIL GIANT EXPECTING REVENUE $6.58 BILLION, 2.18 CENTS, MARK, CHARACTERIZE WHAT WE HAVE SEEN FROM RETAIL SECTOR SO FAR AND WHAT YOU MIGHT BE EXPECTING TODAY AND HOW THE CONSUMER IS DOING? >> WELL, FIRST OF ALL, THE CONSUMER IS DOING GREAT AND WE DON'T HEAR ENOUGH ABOUT THAT BUT CONSUMER, HOUSEHOLD DISPOSABLE INCOME IS UP, STRONG WAGES, THE DEBT-SERVICE RATIO THAT HOUSEHOLDS DEAL WITH, THE LOWEST IN OVER 40 YEARS, CONSUMER BALANCE SHEETS ARE STRONG AND A LITTLE BIT OF STOCK MARKET EFFECT, PEOPLE ARE SAVING AND ALL IN RETAIL SECTOR AND WHAT WE ARE SEEING COMPANY BY COMPANY BASIS, WHO IS EXECUTING, AMAZON AND WAL-MART. ARE WE GOING TO HAVE A BIG 3, IS TARGET GOING TO JOIN THE LIST OR ARE THEY THE LEADER OF THE ALSO RED AND THE DETERMINATION IS NOT RENEW GROWTH, WE KNOW TOP LINE WILL BE STRONG, WHAT ARE THE MARGINS, WAGE COST THAT THEY HAVE TO INCUR HIGH, IS THEIR PRODUCT MIX HURTING MARGINS, WE WANT TO SEE WHAT THE PROFITABILITY IS TO GO ALONG WITH INCREASED REVENUE. MARIA: MARK, YOU WANT TO PUT NEW MONEY TO WORK? >> IT'S TOUGH, I THINK WE WILL HAVE POINT TO POINT, WE WILL WIND UP WITH MID-SINGLE DIGIT MARKET, A LOT OF VOLATILITY ALONG THE WAY. I THINK PEOPLE SHOULD REALIZE THAT STOCKS ARE FAIRLY VALUED HERE AND WITH SINGLE-DIGIT EARNINGS GROWTH FOR THE YEAR,
B1 US trade maria trade deal market retail consumer Should investors put new money to work in this market? 106 1 tracy posted on 2019/03/06 More Share Save Report Video vocabulary