Stifel Nicolaus’ Morganlander Sees a Pulse With Earnings

The video discusses the current state of earnings, noting that while they are better than in recent quarters, they are not exceptional. The US economy is growing modestly, and global trade remains sluggish. Sector analysis shows a shift from financials to materials and oil, with financials expected to grow due to deregulation and balance sheet re-leveraging. Mortgage credit growth is improving, indicating potential long-term benefits. The dollar's strength is attributed to Fed policy, with anticipated rate hikes aiming to avoid destabilizing the financial system.

What is the anticipated growth in mortgage credit over the next few years?

What impact does the Federal Reserve's actions have on the dollar and the economy?