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Market Commentary.pdf

LLIS-Market-Commentary-2017-3rd-Quarter.pdf

🔗 Source: lenkladner.com

📊 Size: 86 KB

👤 Author: Carie Carney

⬇️ Downloads: 128

Summary

Dow Jones Industrial Avg. is at 22,405.09 and Standard and Poor's 500 is at 2,519.36, with 2017 YTD gains of 13.4% and 12.5% respectively. Despite a strong economy, low interest rates, and steady corporate profitability, valuations are stretched, with price/earnings ratios above historic norms and dividend yields below 2%. The Federal Reserve is likely to increase interest rates, which could erode support for stocks and lead to a market correction. Investors are advised to consider defensive strategies, such as rebalancing portfolios, and to be cautious of tax cuts that could lead to an overheated economy and inflation. With no compelling investment ideas, investors should plan for mid-single digit returns at best in 2018.

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Description

Dow Jones Industrial Avg. is at 22,405.09 and Standard and Poor's 500 is at 2,519.36, with 2017 YTD gains of 13.4% and 12.5% respectively.

Technical Information

File Format: PDF
File Size: 86 KB
Pages: 2
Language: EN
Author: Carie Carney
Total Downloads: 128
Last Updated: 21 hours ago

Document Overview

This PDF document about Market Commentary provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Market Commentary.