Tom Plumb doesn’t think we’ll have big inflation problem in the next few years. He believes we’re just going through some natural corrections in the market.
CNBC: The Market Correction Was Technical
Wall Street Journal: Apple Posts Record Results Even With Fewer Iphones Sold
Tom Plumb comments on Apple, following the company’s recent revenue report. He says that the company needs to figure out how to get recurring revenue streams so they’re not “holding their breath on each new product launch.”
Reuters: U.S. Wage Growth, Tax-Bonuses Spark Shopping In Retail Stocks
With rising wages and positive effects of the corporate tax cut on retailers, Tom Plumb thinks those waiting for an increase in lower to middle-end wages will see the largest share price gains. He says that we are finally starting to see real wage growth this cycle, and it’s the lower income shopper who will be the most likely to spend it rather than invest it.
MarketWatch: Stock Market Hits Another Round Of Records
Tom Plumb comments on the market as it hit another record. He says that we’re starting to put together the puzzle of how the tax law will impact companies across the economy. He thinks the impact will be positive.
MoneyLife: The Big Interview
Tom Plumb talks about the market and Plumb Funds with Chuck Jaffe. He expects a return of volatility this year and thinks that companies with “secular tail wing” have the potential to do well.
CNBC: World Economy Still Improving, Markets Should Go Up
Tom Plumb thinks the world economy is still improving providing a positive environment for the market. He says that the Plumb Funds are fully invested because he thinks that we’re still in for a good economy which leads to good markets.
Bloomberg Radio: Bitcoin Impacts Visa, Digital Retail
Tom Plumb talks with Cory Johnson and Carl Massar about the Plumb Funds strategies. He shares his insight on digital currency as well as some current holdings. (The Funds do not invest in Bitcoin or digital currencies as of the date of this article.)