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Jarman: Why I'm still 'long and strong' equities

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October 16, 2014 2015, america, apple, buy the markets, china, conviction buy, djl, dow, dow jones, ebola, equities, equity, equity returns, equity strategy, flash services, flow, flows, french, ftse, ftse100, fund flows, german, global, global growth, google, growing, growth, growth forecast, imf, index, institutional investors, ism, ism manufacturing, macro, manufacturing, reposition, s&p, s&p500, santa, santa rally, saxo, saxo tv, sell off, selloff, services, shares, spanish, spx, stocks, stoxx, stoxx50, strategy, trading, tradingfloor, tradingfloor.com, us, usa, world
I'm still 'long and strong' equities! That's according to H20 Markets' Michael Jarman. His comments come despite a big sell off in equity markets on Wednesday. Certainly, a great deal of nervousness remains.
Michael says we could be seeing a repositioning in stocks as global growth forecasts have been cut, notably by the IMF recently.  The US, he says, does seem to be slowing down and he believes some of the institutional money looks to be "banking its money" ahead of the new year. He still has a "conviction buy" on the S&P 500 and he explains why.