We are certainly seeing the potential start of a slowdown. At some point, that will result in both an economic recession and an earnings one. With economic momentum still healthy, just as the economy is still showing a green light, I expect corporate earnings to keep growing over the next quarters as well. And if everything goes wrong? We will have enough time to see that coming and react.
Keep calm and carry on.
Brad McMillan is the chief investment officer at Commonwealth Financial Network, the nation’s largest privately held independent broker/dealer-RIA. He is the primary spokesperson for Commonwealth’s investment divisions. This post originally appeared on The Independent Market Observer, a daily blog authored by Brad McMillan.