The Daily Interview: A True Believer

While many of the same economists who predicted an economic recovery by the second half of the year are now starting to push that off until sometime in 2002, Mary Lisanti, chief investment officer for domestic equities at ING Pilgrim Investments, says the stock market is about to rebound in anticipation of an economic recovery in the late fall. Not only that, but Lisanti anticipates companies will increase their IT investments by 20% once the economy rebounds.

Mary Lisanti Chief investment officer, domestic equities, ING Pilgrim Investments

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Bear markets usually last between 12 and 18 months, she says, and this one has been trudging along for 16 months. So the end, according to Lisanti, is near. ...