Time to read: 7 minutes | On July 11th, 2018, we wrote about the “tug of war” between strong domestic economic news and potential for interest rate hikes, domestic policy mistakes, and increased risks for international equity markets. We argued it was no longer prudent to own stocks in excess of our benchmarks. Accordingly, equity exposure
Time to read: 7 minutes | Economic growth drives profits, which should help fuel long-term gains in stocks through 2019. Most economic sub-cycles are still young, there’s little debt creation and consumer confidence is high. There’s no over investment, tighter conditions or shocks— which often precede recession. How much further can the U.S. expansion go?