August 8, 2017 — Keep calm and carry on. This is the message investors are sending after stock markets posted strong gains for the first six months of the year.
April 18, 2017 — Global economic growth may be trending upward, but don’t lose track of these seven heightened geopolitical risks that can generate both risks and opportunities for investors.
Given 2016’s sharp turns in both the ﬁnancial markets and the political cycle, we believe the world is on the cusp of some important transitions.
The previous year was rife with global political surprises, as politics are now increasingly a place for the “have nots” to wage war on the “haves.”
After what occurred in 2016, many forecasters are probably considering a new profession.
The second quarter of 2016 ended with a bang, as the United Kingdom voted to leave (“Brexit”) the European Union on June 23. This marked the second time in six months that global stock markets experienced severe stress, following the worst January in recorded history.
After months of speculation, on June 23 the UK voted to leave the European Union (EU). Since then, markets have been in turmoil, and many wonder what will happen next, both in the markets and in portfolios.
In our 2016 Capital Markets Forecast, we maintain an outlook of continued meager growth for the upcoming investment cycle. What follows are five key reasons that support this outlook.
“The only function of economic forecasting is to make astrology look respectable,” John Kenneth Galbraith, an irreverent economist, once said. Yet each January strategists fill the airwaves, prognosticating what the coming year may bring. In this vein, Bob Reiser, Senior Advisor to the Investment Strategy Team, once again publishes his annual forecast.
At Monday’s weekly meeting, our Investment Strategy Team answered four questions which we believe should continue to reassure clients despite this jarring volatility.