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Highlights – Source: GLC Asset Management
The first half of 2019 has brought stellar results from equities and fixed income. We believe the global economy has enough positive momentum to exit the current global slowdown within the next two to four quarters. However, at this juncture, equities are pricing in some of the more positive outcomes despite great uncertainty remaining with the U.S. trade agenda and the magnitude and timing of central bank easing interventions. What’s causing us concern are the sharp advances in equities, commodities and bonds. The ‘bull market in everything’ scenario is not one that can last forever.
Bouts of trade-, political- and geopolitical-related volatility may be severe enough to present buying opportunities for those comfortable with a pro-risk stance.
The expected environment lends itself to active portfolio management with its tactical slants and individual security selections that seek out superior growth, quality and/or yield opportunities within markets.
Three Articles of Interest:
- Save or Invest: Which is Best? – Belmont Blog
- 3 Reasons Why Renting May Beat Buying – Forbes Magazine
- Keep these financial records in your ‘Go-bag’ - Lifehacker
