The 2018 First Quarter Outlook is presented by Chief Investment Officer, Brian K. Andrew, CFA, Portfolio Manager, David Carroll, CFA and Jason Herried, CFA, our Director of Equity Strategy Group and Portfolio Manager.
Dave provides a quick review of market returns for 2017. Next, Brian addresses our thoughts on key issues and poses some key questions as we enter 2018 markets: Can economic growth be sustained? Will wage growth force an acceleration in inflation? Is the stock market overvalued? Will the yield curve flatten further? Jason discusses the impact on corporate earnings and stock prices. Lastly, Dave discusses results of the bond markets and provides a wrap up regarding our thoughts as we enter 2018.