Keep Calm and Carry On

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.

2016: A Year of Transition

“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.