Stocks Will Charge Higher As Economic Fears Fade And Bears Give Up, Bill Miller Says

Bill Miller.Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal/Getty Images Bill Miller expects a strong second-half showing from the US stock market. The Miller Value Partners founder sees a rosy economy and defeated bears driving stocks higher. Miller's stock picks include OneMain Financial, Chico's, and MicroStrategy due to its bitcoin stash. The stage is set for a strong second half for stocks, as economic fears dissipate and skeptical investors give up and join the crowd, Bill Miller says.US inflation has plunged from over 9% last summer to about 3% in both June and July, and GDP growth was a solid 2.4% last quarter.

 

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