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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.

October 19, 2018

U.S. Economy is Healthy and Should Ultimately Support Further Stock Gains.

The stock markets fall from its recent all-time high has been driven by concerns over rising Treasury bond yields, slower global economic growth, trade protectionism, and Italy’s proposed budget that doesn’t meet European Union rules.

However, the U.S. economy is very healthy with no signs of a near-term recession (details discussed below). This should continue to support corporate profit growth, which is the ultimate foundation for higher stock prices (see earnings section below).

Learn more by downloading the full Weekly Bulletin.