Wilson Asset Management

The key focus for us on the macro front remains Fed tapering. The recent unemployment levels were printed at 7% and the Fed have stated they are aiming for a level of 6.5%. What this means in our view is that we are going to see some really definite targets coming out of the upcoming meeting on December 17- 18. In its purest form we see tapering as a positive event because it is a sign that economic conditions and GDP growth are improving. In our view markets are expecting a pull back when tapering does kick in and liquidity is taken out of the economy. We think this view is overstated and that the current interest rate settings provide ample liquidity to sustain growth in the US. Equity analyst Mark Haupt talks through his view on the macro outlook. &feature=youtu.be


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