Jeff Saut: Market Can Continue to Rise in December

By on December 2, 2019

Jeffrey Saut - Raymond JamesCapital Wealth Planning chief investment strategist Jeff Saut was on CNBC today expressing his bullish market view.

“I think you’re getting an early Christmas gift with this sell-off right here on Friday and today,” said Saut, recently retired from Raymond James Financial.

Despite a weak manufacturing reading released this morning, Saut believes better than expected retail sales can propel the market higher in December.

Saut feels financial stocks are cheap and small cap stocks are attractive for a run in the coming month.

Back in December 2018, Saut said stocks were bottoming and earnings would be strong [link].

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