Ken Fisher:Going Forward

Ken Fisher of Fisher Investments,which manages 49 billion dollars U.S.,says we had a correction.It was archetypal,almost identical to the 1998 correction.Recently the transports made a new high,which they don't make in a recession.Stick with large cap stocks going forward,Mr.Fisher advised.Stocks remain under-owned.Large companies with good credit have easy access to money.Green investing will be a huge theme going forward.He continues to be bullish on energy prices,as the economy is stronger than people think it is.Train and truck capacity utilization is very high,and planes are full of vacationers.Mr.Fisher likes Veolia(VE),Intel(INTC),General Electric(GE) and Nokia(NOK).They were never able to borrow cheaply,but now there is a reallocation of credit in favor of these companies.