On The Radar: Will the bull market continue in 2019?

To view this email as a web page, click here. OnTheRadar February 2019 FAQs on the Markets and Economy On the Radar is a biweekly publication providing quick and concise answers to the topical investment and economic questions that are on investors' minds. New questions in this issue: 1. Will the bull market continue in 2019? The early-year rebound has been encouraging, but also somewhat surprising in its speed and strength. At the same time, valuations are now less compelling than in late 2018... 2. What has been the impact of the government shutdown on the economy? A second shutdown was averted last week, as Congress and the President reached a last-minute agreement to fund the government thru September... 3. How strong is the labor market? It doesn't get much stronger. Almost all metrics for measuring employment point to strength. For the past 100 consecutive months, there have been increases to payrolls; that longevity of gains is a record that was shattered years ago... 4. What does the Fed's slowing of interest rate normalization mean for the economy? We believe the Fed's proactive decision to be "patient" in regards to further rate hikes is good news for extending this economic expansion... 5. Will the recent slide in revenue collections among high-income states persist, or are they temporary? State revenues have largely outperformed since the end of 2017, with the Tax Cuts and Jobs Act viewed as a key driver of strong collection activity... 6. What is City National Rochdale's investment outlook for 2019? Given our positive assessment of the fundamental backdrop, we remain bullish on equities in general for 2019 and continue to see attractive prospects in the opportunistic fixed income class... Read More on CNR.com » Share this story: Follow Us Investment management services provided by City National Bank through its wholly-owned subsidiary City National Rochdale, LLC, a registered investment advisor. City National Bank Member FDIC. Investment Products are: • not insured by the FDIC. • not a deposit or other obligation of, or guaranteed by, the bank. • subject to investment risks, including possible loss of the principal amount invested. Unsubscribe from this list  |  Update email preferences This message has been sent to bank@banking.offers.report. Please do not reply to this email. To ensure the delivery of future emails, please add email@emails.cnb.com to your email address book or safe sender list. Copyright © 2019 City National Bank – All Rights Reserved. 350 South Grand Avenue, 12th Floor, Los Angeles, CA 90071 City National Bank is a subsidiary of Royal Bank of Canada. TERMS & CONDITIONS  |  PRIVACY STATEMENT NMLSR ID# 536994 | City National Bank Member FDIC OTR 20190221