(Harvest) There are two big concerns when it comes to the general outlook for financial markets. One is the high valuation of equities, and the other is the direction of interest rates. Following the U.S. presidential election, there was a rally in U.S. equities based on the assumption that the new administration’s policies would stimulate growth quickly. Now, it’s uncertain if those measures will get passed, and it’s even more doubtful that they will get passed quickly. In fixed income, there isn’t a lot of controversy that rates will rise because historically, they’re at such extraordinarily low levels. The real issue is how fast they will rise. But aside from those what-ifs, we do have good growth trends in both the U.S. and around the globe.
Stop Chasing Spectacular Returns. Go for Consistency
This entry was posted in Syndicated. Bookmark the permalink.
