Month: October 2018

U.S. economic and earnings growth continue to stand out globally and support our positive view of U.S. equities.

In this latest client letter, we look back on the strong growth and stock gains from the third quarter, and discuss key factors to watch as we kick off the last three months of the year.

We’ve just wrapped up the best quarter for the S&P 500 Index since the fourth quarter of 2013, despite a variety of challenges.

While the Fed raised its policy rate last week, the more important meeting outcome was the Fed’s guidance on future policy.