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Stock prices for many U.S. companies are climbing rapidly, pushing the market to record highs – but will corporate profits support these gains?
That's one of the questions Money Morning Chief Investment Strategist Keith Fitz-Gerald tackled on FOX Business' "Varney & Co." program this morning.
Fitz-Gerald shared his expectations for upcoming earnings reports for consumer companies – and talked about how the Fed's "Bailout Boys" have affected profits.
Fitz-Gerald also delivered wise words for investors hunting for the best investments in today's market, including something to watch out for as the Dow nears 16,000.
"The question, of course, are you making intelligent decisions or are you trying to chase a train that's left the station?" said Fitz-Gerald.
Watch Fitz-Gerald's full interview to make sure you're making the right moves:
Keith recently passed along some sage advice to U.S. President Barack Obama on how to save the United States from the painful economic future it's headed or… you can read these tips here: DON'T BE SO ARROGANT, MR. PRESIDENT