Markets & Economy

Podcast: What's Ahead for Global Markets?

June 21, 2018
In this podcast, our investment professionals discuss economic expansion, strong earnings growth, and moderate monetary tightening appear to provide a positive market environment.

Key Points

  • Moving into the second half of 2018, the global economic expansion appears intact, although momentum appears to be slowing in Europe and Japan.
  • Earnings growth has been strong and underlying trends are positive, but peak levels likely were achieved in the first half of the year.
  • Asset classes appear relatively expensive in most global regions, but higher Treasury yields have improved U.S. credit valuations in an absolute sense.

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