Why Gamcos Howard Ward Remains Bullish for 2015

Howard Ward discusses his optimistic outlook for the stock market, emphasizing growth in earnings and GDP. He highlights the importance of economic confidence and critiques backward-looking valuation methods. The conversation shifts to the impact of cloud technology on traditional hardware companies, noting the challenges and potential future benefits.

How does Howard Ward differentiate between past earnings analysis and future expectations?

What does Howard Ward suggest about the future pricing of the stock market?