Jack Ablin, chief investment officer at BMO Harris Private Bank in Chicago, talks about global stocks and investment strategy.
Utility stocks are a better choice for investment income than corporate bonds even though federal tax rates on dividends may be poised to rise, according to Jack Ablin, chief investment officer at BMO Private Bank.
The number of Americans who process credit transactions is slowing as lending to governments, businesses and consumers declines.
"You have a lot of capital, it's concentrated in very few hands, so it's not going to get spent."
- Jack Ablin on Oct 23, 2014
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