Investment & Economic Strategy Update: October 9, 2018

October 09, 2018
  • First 3 quarters of 2018 are positive

  • U.S. economy is solid and getting stronger

  • Corporate earnings, GDP, unemployment and housing numbers appear favorable

  • We expect more volatility in October in both the equity and bond markets

  • Recently reduced exposure to emerging market economies due to weakness and tax loss selling

  • Interest rates are hitting 7-year highs, therefore, proper exposure to bonds is a must

  • Currently, we don’t see any signs of recession