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- Market/Industry Insights
Vanguard Senior Economist Andrew Patterson gives an update on trade tensions, the labor market, interest rates, stock valuations, and expected returns.
Equities have been fueled by solid earnings despite trade disputes. Read more in the Nuveen weekly commentary.
On this week’s podcast (recorded July 30, 2018), Tim discusses why the underlying components of the GDP growth report were most encouraging and speaks to why the US economy should continue to perform well into 2019.
Beginning in the second half of 2010, asset managers and economists began forecasting the Federal Reserve’s (the Fed) first post-financial crisis rate hikes, and higher rates across the curve by the middle of 2011.
The two key global market trends of early 2018 - U.S. growth leadership and the U.S. dollar bounce - have probably run their course. Be alert for an escalation in the trade-war issue, and keep an eye on the yield curve for a U.S. recession warning, although a recession seems unlikely before late 2019.
Earlier this week, the International Monetary Fund (IMF) issued an updated World Economic Outlook, keeping its global forecast unchanged since April. It continued with an optimistic prediction that the world economy will grow 3.9% through 2019.