Although there is a healthy debate about its potential long-term negative impact to the country’s budget deficit and federal debt levels, it is hard to argue the potentially positive economic and market impacts of the TCJA over the next couple of years.
Read MoreSome of our clients have asked us recently about the rising tensions between the U.S. and North Korea and what it could mean for markets and portfolios if the situation escalates. The answer is that troubles with North Korea will certainly result in downside risk.
Read MoreWe expect to see continued growth in the stock markets, mostly driven by a strengthening global economy and growing corporate earnings. As a result, bond markets will likely be challenged in the short-term; in the long term, however, higher interest rates and strong investor demand should result in better bond returns.
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