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Federated: U.S. Economy On Track, China Won't Land Hard

The weather caused a lot of volatility in the last 2 quarters, but the underlying U.S. economy remains strong, says Linda Bakhshian, VP & Portfolio Manager at Federated Investors. From a market prespective, she likes technology, industrial, media, global auto and housing related stocks. Bakhshian also continues to be bullish on Europe's recovery, and while China is seeing a slowdown, she does not expect a hard landing due to its immense foreign currency reserves and current account surplus.