John Apruzzese Comments on U.S. Stocks: Wall Street Journal

July 21, 2010

Evercore Wealth Management chief investment officer John Apruzzese told that Wall Streeet Journal that corporate earnings are generally positive but investors remain more focused on U.S. economic developments.

Federal Reserve chairman Ben Bernanke warned Congress on Wednesday that the economic outlook remains "unusually uncertain," adding that unemployment will drop more slowly than was predicted earlier this year.

"The question is: Is he going to do anything about it," Apruzzese said.