Last week stocks enjoyed their best week since November 2018 despite rampant policy uncertainty. Policy uncertainty remains high, particularly around trade, but you wouldn’t know it…
The economic expansion just turned 10 years old, tied for the longest on record, according to the National Bureau of Economic Research….
Our June letter discusses the U.S.-China trade dispute, tariffs on Mexican imports, and the possible effects on financial markets.
Worrisome signals from the bond market contributed to stocks’ first monthly decline of 2019.
Economic fundamentals still look sound, even as yields send cautious signals.
Our Five Forecasters are collectively indicating that further economic growth and stock market gains appear likely.
Our Five Forecasters collectively point to economic growth ahead.
Even in the worst-case scenario, we don’t expect a significant impact on the U.S. economy.
It appears an earnings recession has been averted and better earnings days lie ahead, though trade uncertainty is a huge wild card.
We expect a transition to large cap market leadership and away from small cap stocks in 2019 as the economic cycle ages.