AUTHOR: TOWNE SCHERER.COM 12/18/2018: TowneScherer Private Wealth Management BLOG:
A Bottom in the Market Reached
A bottom has been reached in stocks says a 40 year veteran of market timing calls, reports CNBC 12/13/2018. Raymond James’ Jeff Saut believes the U.S. economy is not slowing as much as projected and that earnings will be very good in the first quarter of 2019. Let’s look back at this in six months from now.
Budget Shutdown
Trump says he is willing to shut down the government by not approving the U.S. budget if he doesn’t get funding for the boarder wall between Mexico and the U.S., reports Time, 12/11/2018. One more factor in calculating the market future.
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.