Economic & Market Perspectives: Whiplash! Here We Go Again

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Economic & Market Perspectives
June 2019
Matthew Peron
Whiplash! Here We Go Again
Matthew Peron, Chief Investment Officer, Senior Managing Director
Since 2017, increasing concerns over trade and interest rates have taken turns bearing the weight of the market's attention. The result has been much more frequent and sizable pullbacks. Each time, though, the road back for investors has eventually led to new peaks in stock prices. We believe that the market will grow slowly with earnings; however, the journey ahead will likely continue to be rocky, as we are now late in the cycle.
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