Individuals & Families

Resources & Education

Insights

Text Size: Decrease Increase
Print
Weekly Bulletin, a publication written by Mark Luschini, Janney’s Chief Investment Strategist, provides insights on the state of our economy as well as our market outlook.

October 16, 2017 - Stocks continue to be supported by above-trend global economic growth. The OECD leading indicators were out last week and are consistent with the global business surveys from the previous week - suggesting robust global economic conditions. This is further supported by global industrial production, which is at the highest level since early 2014. Friday’s consumer price index suggests that inflation pressures remain muted and continues to allow the Fed to be patient in their interest rate normalization process. All of this continues to support our overweight of developed world stocks relative to bonds and our preference for cyclical sector exposure.

Click here for the full Weekly Bulletin.