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.

weekly-bulletin.pngAugust 14, 2017 - Global stocks sold off in response to rising risks of conflict on the Korean peninsula. We do not believe this will result in any military action. North Korea has a history of rational action. It wants a nuclear deterrent and a peace treaty. The U.S. has forsworn regime change as a policy goal. China has encouragingly committed to new sanctions and South Korea is pro-engagement. This raises the likelihood that a diplomatic solution will be found. Meanwhile, global earnings are on pace to grow double-digit this year, a first since 2011. Second quarter earnings are up 22% in Japan, 13% in Europe, and 9% in the U.S. We remain overweight stocks.

Click here for the full Weekly Bulletin.