GVA’s Garrity Sees Accommodative Fed, Likes Big Data (Audio)
David Garrity, principal at GVA Research, says the Federal Reserve's "vanishing punchbowl" creates headwinds for the stock market, but low inflation and tepid growth will force the Fed to remain accommodative, thus boosting stocks this year. He says the "big data" investment theme will help companies like IBM, Microsoft and Intel . Garrity talks with Bloomberg's Kathleen Hays and Vonnie Quinn on Bloomberg Radio's "The Hays Advantage."
Running time 15:17