Phil Dow: Wall Street Thinks We've ...
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  Phil Dow: Wall Street Thinks Weve Seen The Worst

Play Phil Dow: Wall Street Thinks Weve Seen The Worst Phil Dow: Wall Street Thinks We've Seen The Worst

Is this as bad as it's going to get? Phil Dow of RBC Wealth Management says that seems to be Wall Street's reaction to the 10.2% jobless rate. "Most economists felt as though we'd eclipse [10%] at some point, so we have, we've done it, the worst is out," says Dow. "I don't hear any 11% calls out there, so maybe we've reached the worst of the expectations." Dow says investors who bet otherwise are going to miss out. He thinks the stock market can add another 20% in the next six months.


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