Global Positioning Systems: Recalculating …

Tony Roth |
Investment Management
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Our 2018 forecast for markets, economies, and portfolios.

The U.S. economy — late-cycle emergence
Inflation and growth — global-U.S. divergence
Valuations, yields, and volatility — alternative resurgence

Signs points to the U.S. economy being near or in a late (or pre-recession) stage, yet stock market valuations are elevated and inflation is inexplicably soft. Our investment team shares its outlook for the U.S.

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Trump trumped Clinton: What’s next?

Tony Roth |
Investment Management

A round-up of the important issues around an impending Trump presidency:Republican Congress and White House may be good for growth;Impact on the Fed and rate hikes;Greater fiscal party emphasis with infrastructure spend;Uncertain future of Obamacare and his executive orders;Income and corporate tax reform; andImmigration issue subject to intra-party tensions.As Election Day neared, we voiced our assessment that the outcome was essentially a coin toss. Turns out it was.

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