Mike Mara's Model Methods

The manager of the Penn Street Fund Sector Rotational Portfolio explains how his approach generates healthy performance

Thanks to tax cuts and sustained consumer spending, the markets can drive higher in the next six months, says Mike Mara, president of Penn Street Funds. He reasons that cash is sitting on the sidelines in money-market funds, and the economy is expanding. "If we see new jobs being created beginning in 2004, this expansion could continue well beyond June," he notes.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.