We expect roughly flat earnings for the first quarter, putting the seven-quarter streak of growth in jeopardy.
Leading indicators in jobs, manufacturing, and markets suggest economic acceleration.
Our April letter comments on the S&P 500 Index’s strong first quarter and steady but slower GDP growth.
This week we share our "Final Four Factors" for the stock market in 2019: 1-Policy, 2-the Economy, 3-Rates, and 4-Profits.
A rebound in global conditions, capital expenditures, and sentiment may help fuel growth.
Last week, the 10-year Treasury yield fell below the 3-month yield for the first time since 2007.
Following the stock market’s recent move higher, coupled with a slightly weaker economic and corporate profit outlook, the risk-reward trade-off in stocks has become less attractive.
No changes.
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