Andrew Rosenberger, CFA, Senior Investment Manager
On this week’s podcast (recorded June 16, 2015): Andy Rosenberger takes his turn on the mic to share recent economic data including industrial production, housing starts as well as some survey data on manufacturing.
Highlights from the podcast include:
- Mixed economic data to continue; suggests positive growth.
- Most economists not expecting any action from the Fed following the conclusion of their meeting; expectations of higher interest rates pushed towards latter part of the year.
- Talks again broke down in Greece, impacting markets negatively; however, they are likely to pick back up.
- As it’s been over 2.5 years since we’ve seen a 10% correction, we shouldn’t ignore that there could be more downside risk from here; however, earnings have held up and economy appears to be growing.
Listen here for the full version of Andy’s insights.
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.