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
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