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November 8, 2019

MarketWatch: Kevin Philip Quoted in "Stock market mixed but set to punch higher for the week after Trump says he hasn’t agreed to roll back China tariffs"

"Stock market mixed but set to punch higher for the week after Trump says he hasn’t agreed to roll back China tariffs" by Mark DeCambre and Joy Wiltermuth, MarketWatch.

“There is a lot of noise that can distract people but when it comes down to it, when you set aside politics and social concerns, markets are driven by fundamentals,” Kevin Philip, managing director at Los Angeles-based Bel-Air Investment Advisors told MarketWatch.

“It’s really hard to have a recession, or some sort of crisis, when you have full employment, a friendly Fed and a government that’s lowering regulations and has lowered taxes,” he said.

Read the full article here.