Stock experts weigh in on how the Fed's decision on interest rates will impact the markets.Kenneth Heebner, CGM Focus Fund Capital Growth Management and David Kelly, J.P. Morgan Funds were interviewed earlier on.
The interview happened after Fed FOMC decided to leave the rate unchanged today.
Heebner sees a number of years of good growth ahead of us. Both panelists agree on the economy is recovering slows, slower than it would be typically at this time of the business cycle. The silver lining of the slow growth is the pressure for inflation is low.
He likes auto and auto parts companies.
Check out Ken Heebner
's stock holdings here
About the author:
guruekSaj Karsan founded an investment and research firm that is based on the principles of value investing. He has an MBA from the Richard Ivey School of Business, and an undergraduate engineering degree from McGill University.