Key Economic and Market Outlook
The current economic expansion—already the third longest ever—might persist longer than initially anticipated, which will offer some support to equities over the next year or two.
- Tax reform may not be the stimulant some market participants believe it will be, but likely an economic net-positive in the short-term
- Expect increased market volatility
- Key advisors maintain their equity bias for clients with growth-oriented portfolios, and advocate for international equities
- As always, clients should reassess their long-term objectives and evaluate their asset allocation strategies with their portfolio managers