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Jarman: Why I'm long dollar and long equities
US growth of 3 percent is still achievable this year. So says H20 Markets' Michael Jarman. If Friday's US job figures impress, stock markets will be higher in April, he says. Michael has a long bias on the S&P 500 and a technical breakout on the FTSE 100 at 6675 should see the UK market run back into this year's highs.
Michael says the markets have started the second quarter in the same fashion as we ended the first. Key US and European data may have disappointed some economists but they still largely show expansion. Exceptionally good data could sway the US Federal Reserve to raise rates sooner rather than later, he adds, which could cause equity markets to "knee-jerk" lower.
01:48 minutes
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