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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.

June 17, 2019

Encouraged by Improving Retail Sales and Still Muted Inflation

While stocks have rallied in relief that Mexican tariffs will be avoided and in anticipation that the Federal Reserve may cut interest rates, we are maintaining our neutral stance toward stocks. The U.S. economic data continues to show slower growth while the global economic slowdown that began in early 2018 has yet to end. The trade war with China shows no signs of ending soon and this is causing significant uncertainty for the global economy and financial markets. 

Learn more by downloading the full Weekly Bulletin (PDF)