2017 Q3 Economic Update

Despite the dizzying cascade of troubling headlines, the S&P 500 Index finished the quarter at a record high, running up its quarterly winning streak to eight consecutive quarters (WSJ). One consistent theme we've presented is the strength and resilience of economic fundamentals. Ultimately, stocks prices are largely driven by corporate profit growth. And profits are driven largely by economic growth at home and abroad. We are currently in the midst of a synchronized global expansion, creating a strong tailwind for earnings. Click here to read more... Q3 Economic Update.