Latest Expert Opinions

Opinions
Today :
2
Recent
experts :
Signal
Opinion
Expert
COMMENT
COMMENT
July 10, 2019
Market Outlook The S&P500 finally breached 3000 points. A big round number has psychological meaning. The Fed is still hinting that another rate cut may be coming. He is giving his clients the message to keep a very balanced position. Global growth is slowing and global PMI is slowing -- not a great back drop. The NY Fed Recession Indicator is getting close to predicting another recession around mid-2020. The inverted yield curve is another signal. Investors should prepare for a recession within the next 6-12 months. In the interim, you can add real estate and be defensible.
Market Outlook The S&P500 finally breached 3000 points. A big round number has psychological meaning. The Fed is still hinting that another rate cut may be coming. He is giving his clients the message to keep a very balanced position. Global growth is slowing and global PMI is slowing -- not a great back drop. The NY Fed Recession Indicator is getting close to predicting another recession around mid-2020. The inverted yield curve is another signal. Investors should prepare for a recession within the next 6-12 months. In the interim, you can add real estate and be defensible.
Cameron Hurst
Chief Investment Officer, Equium Capital Management
N/A
N/A
July 10, 2019
Market. Trade tensions are starting to impact the US economy. The whole global economy is slowing and they see a rate cut at the end of July. It is a precautionary cut. The jobs number was strong last month, but if you look at manufacturing data, we are not expanding at the levels we were at 6-8 months ago. Things are softening. The housing market has stayed flat. We are in an extended bull market but the growth has been very slow vs. other cycles.
Market. Trade tensions are starting to impact the US economy. The whole global economy is slowing and they see a rate cut at the end of July. It is a precautionary cut. The jobs number was strong last month, but if you look at manufacturing data, we are not expanding at the levels we were at 6-8 months ago. Things are softening. The housing market has stayed flat. We are in an extended bull market but the growth has been very slow vs. other cycles.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management