This month’s volatility, reminiscent of the drawdown in February and March, has temporarily taken away much of this year’s prior market gains. And international markets, small caps, and bonds have also struggled recently, putting a greater drag on diversified portfolios. Read More
The Conference Board Economic Forecast for the U.S. Economy April 11, 2018
2018 Outlook Stays Strong, but Downside Risks Rise
Can the US economy in 2018 live up to expectations? Starting the year with a 3.0 growth forecast is a tough act to measure up to. In fact, first-quarter growth was a mere 1.9 percent. While our GDP growth projection remains strong, we are increasingly concerned that it could fall short of expectations.
March 7, 2018
Summary: As forecast in my 2018 Outlook, markets have seen a return to “normal” this year with increased volatility and an expected correction in the stock market. Despite the recent correction and volatility, this does not signal the end of the bull market which will likely continue for another year, or two. International markets, many still in earlier stages of the economic cycle, continue to look like a bright spot for continued growth. But with the economy now in its mature stage and inflation and other factors now at play, we cannot rule out a recession coming sooner than we expect.
Monday’s plunge in the markets was enough to make you stop and take notice. But the sky isn’t falling. We knew it was coming – we’ve been saying stocks were due for a correction for the past year and a half (see our 2018 outlook here). And it’s ok. It’s a natural part of the market cycle.
It was about time.
How would you or a loved one
like to be cared for in your final days?
Join us for this important presentation and discussion
With Special Guests
Jack Flesher, Atty & Dr. Mike Ludlow
as they share from their experience and desire to help others plan wisely
Making Wise End-of-Life Healthcare Decisions
and the Legal Documentation Needed
“There are three things that I know for a fact in the world,” David Letterman recently said after receiving the 2017 Mark Twain Prize for Humor. “These are universal. Absolutely universal. 1) If somebody comes up to you with a bag of M&M’s, pours out a handful in your hand, automatically, you will start doing this (shaking hand back and forth). Absolutely no control over that. You’ll be doing this before you know it. 2) If you pull a nose out of your hair…er…a hair out of your nose, I don’t care if you do it a hundred times, each time you will sneeze. And 3) if you help someone, in any way, big or small, automatically you will feel good about yourself. Those are the three things that I know. And I’ve seen a guy pull a nose out of his hair. Years ago at the fair”.