Leigh Lowman, CFA, Investment Manager
On this week’s podcast (recorded July 13, 2018), Leigh provides a brief review of the second quarter.
- Volatility continued into the second quarter with risk asset performance mixed.
- The Fed implemented a 25-basis point rate hike in June and revised its forecast from three to four rate hikes for 2018.
- Concern over a more hawkish Fed coupled with increasing trade tensions will likely cause volatility to persist, but we expect fiscal stimulus and strong fundamentals will lead to positive economic growth over the intermediate-term.
The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.