Stock markets are likely to remain volatile.
Recent upside surprises in economic data and an uptick in inflation make the future direction of Fed policy less clear.
The Fed will almost certainly cut rates this week, but forward guidance will be critical.
Evidence suggests that growth will remain sluggish but a recession will be avoided, at least for the next few quarters.
Global economic expansion can still continue, but investing will become more difficult from here.
The good news for stock markets is that corporate profits have been stellar this year and economic growth remains solid.
We think stock prices will eventually break out to the upside.
Rising inflation represents a possible risk to economic growth.
Stock prices have surged to start 2018 as both investor sentiment and market fundamentals have improved.
Improving global economic growth and solid corporate earnings should drive equity markets higher in 2018.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
