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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.

January 16, 2018 - Stocks made new all-time highs again last week. This is being driven by sustained, synchronized global economic growth and U.S. tax reform, which is leading to higher earnings growth estimates for stocks. The recently released OECD Composite Leading Indicators continue to confirm the solid global economic conditions. Last week’s U.S. economic data also continues to show healthy economic conditions. We are also seeing strong cyclical leadership from stocks themselves. We continue to favor stocks over bonds and favor cyclical sectors (industrials, materials, energy, technology, and financials) over defensive bond-surrogates.

Click here for the full Weekly Bulletin.