“Shah Gilani. Longest bull run in history. What brings it to an end and when?” Stuart Varney asked Shah this morning.
To which Shah replied, true to his perma-bull nature, “I don’t think there’s anything that’s going to bring it to an end.”
On this week’s episode of Varney & Co., the panel of experts discuss what lies ahead for the market as it stands now. In the wake of the Turkish lira’s plunge, as well as the threat of emerging markets and contagion, Shah declares that though these threats aren’t gone, they are certainly able to be overcome. Of the global markets, the U.S. seems to be the strongest.
Then, Shah and Stuart talk the possibility of a retail resurgence – the big names in retail, particularly Target Corp. (NYSE:TGT), has adapted to the market and the ever-evolving demands of consumers. The retail ice age may be further off than we thought.