Cetera Investment Management has just released a new market commentary titled, Worries Plague Markets: Focus on These Positives.
This commentary discusses the continued market selloff and the reasons behind current investor pessimism. While these market concerns remain valid, Cetera Investment Management reminds you that in 2018, the U.S. economy should grow close to three percent, corporate earnings should rise about 20 percent, individuals and corporations have lower taxes, the unemployment rate is near 50-year lows, and energy prices are down double digits. At the same time, U.S. equities are negative for the year! They also remain cautiously optimistic towards equities.
Please reach out to us at 817-462-4200 to speak with your advisor to discuss how this may affect you.