Peter C. Karp As we gear up for summer we’ve noticed that bull markets, too, can get a case of ‘senioritis’. Bond and equity markets have done a tremendous job recovering from the losses incurred in 2018, but May’s slide was a reminder of just how temperamental investor confidence can be. With corporate …
FINANCIAL FOCUS PODCAST
Peter C. Karp As we approach the holiday season, it seems the market has given us little to be thankful for as of late. As equity indices test year-to-date bottoms amidst uncertainty and turbulence, we are reminded of the many economic fundamentals that give us reasons to give thanks. Decades-low unemployment, strong business …
As political events in Washington become ever more chaotic, investors are starting to wonder if and when these developments will influence the equity and fixed income markets. With the economy this strong and corporate earnings booming, we still see good gains to be had in the market for at least this year and next. The months leading up to the midterm elections may present more volatility than we’ve seen so far this quarter, but we’re looking to capitalize on fluctuating asset prices.
One thing’s clear, the markets have bounced around since the end of 2017. From a year with no volatility, comes a bumpy road. Recent corporate earnings announcements continue on the upside, but investors remain weary. Geopolitical tensions and tariffs continue to rattle markets despite the positive domestic data. Peter C. Karp outlines where we see the markets now and where we see them heading for 2018.
The new year started off with a bang, and the fireworks kept going for the month of January, with equity markets skyrocketing to all-time highs. Investors’ expectations of higher corporate returns (due to a slashing of the corporate tax rate) and marginally higher economic growth increased bullish expectations for equity valuations. The quick gains for the month had some investors on edge, asking themselves “Is this too much, too quickly?”
With the current political landscape becoming ever more stranger-than-fiction, we’re focusing on the hard economic data to determine how to manage portfolios to mitigate risk and capture market growth. On the final market update call of 2017, Peter Karp will discuss the current market environment, the most recent corporate earnings numbers and the signs of continued growth in the global economy.