Market Thoughts for March 2017
As Commonwealth CIO Brad McMillan puts it, markets in February basically rocked. Here in the U.S., all three major indices rose substantially, and markets around the world also did quite well. Why is this happening? The economic news is good, with U.S. consumers and businesses feeling optimistic. What’s more, for the first time since the crisis, we’re seeing a synchronized global upturn, with most areas and regions starting to expand. Will the recovery continue (and possibly accelerate)? The prospects are encouraging. Follow Brad at blog.commonwealth.com/independent-market-observer.
Market Thoughts for February 2017
Brad McMillan, Commonwealth’s CIO, discusses the markets and economy for January. Last month was a great month for stock markets, and from a financial market perspective, the world is in good shape. In fact, we’re seeing the first synchronized global expansion since the financial crisis. What’s the problem? Even as growth continues to do well, it’s not quite keeping pace with expectations. Is this a healthy normalization? What will be the economic effect of the current political conflict in Washington? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.