| Torsten Sløk of Deutsche Bank Securities, who climbs one rung to third place, is bullish on the recovery in U.S. residential construction. “Housing has the potential to add more than 1 percent to real gross domestic product growth over the coming year,” he says. An uptick in both corporate and consumer spending will also aid GDP growth, which he predicts will be 2.4 percent this year and 2.5 percent in 2013. Sløk has “a unique ability to refine a wide-ranging number of economic metrics such as housing, unemployment, interest rates and other economic data to develop a thesis on the market in an understandable format,” observes one investor. “He just has a gift for helping you make sense of a pile of complex data.” |
Economics & Strategy – Economics: Third
Torsten Sløk of Deutsche Bank Securities, who climbs one rung to third place, is bullish on the recovery in U.S. residential construction.
October 16, 2012
