A $2.7 trillion investment chief sees stocks continuing to surge in 2018

Business Insider executive editor Sara Silverstein sits down with Lori Heinel, the deputy global chief investment officer at State Street Global Advisors. Heinel says that 2018 could be another strong year for equities, citing a synchronized global recovery that hasn't been seen since 1988, which she says will drive corporate earnings growth. She discusses valuations, saying that stocks are only particularly expensive in the US, while Japan and emerging markets are more attractive. Heinel touches on tech stocks, which she says have been a huge beneficiary of the so-called momentum trade. She says the sector is still attractive, but only on a selective basis, citing semiconductors as an area of interest.