YCG Investments
Stocks Wrap Up Best January in 30 years
February 1, 2019

Stocks Wrap Up Best January in 30 years

“We started the year on edge, but Powell has shown that the Fed will be accommodative,” said Brian Yacktman, President and Chief Investment Officer with YCG Investments…Yacktman said some of the concerns about China may be overdone. He noted that even though Apple has been hit by weaker demand for iPhones in China, other consumer companies are holding up well, such as Starbucks (SBUX), luxury giant LVMH (LVMHF) and cosmetics comapny L’Oreal (LRLCF). His firm owns stakes in LVMH and L’Oreal.