At the end of the day, stocks are near all-time highs and without a significant change in growth expectations or increased likelihood of a recession, we are cautiously optimistic for positive stock returns.
2019 is off to a very fast start and we expect more tempered returns for the remainder of 2019. Currently, we view the stock market as taking a “Goldilocks” view regarding growth, inflation, a US/China trade deal, and the Fed. In our view, it is not likely that this balance remains if US economic growth and wage inflation start accelerating or there is a breakdown in trade negotiations.
At Baird we believe our customers should have complete confidence in the safety of their assets held at our firm. Following is a brief description of our firm and a detailed description of the number of ways in which our customer’s assets are protected.
While men and women often share the same financial goals, that’s not always the whole story. If you’ve ever left the workforce to raise a family, cared for a sick or aging family member or suddenly found yourself single following a divorce or the death of a spouse, you know how a life event people experience every day can have a profound – and often disproportionate – impact on your financial health. The topics shared here are intended to serve as a resource – so you have the information and insight you need to make smart, informed decisions about your financial future.
As investment strategists, we don’t try to predict specific market behavior even in uneventful environments. Currently the nation is gearing up for a potentially contentious midterm election amid rumblings about trade wars and likely interest rate increases. But those aren’t the reasons we recommend a cautious approach to the balance of 2018.
Proponents of active and passive investment management styles have made exhaustive and valid arguments for and against both approaches. Each has its merits and inherent drawbacks, and this paper will not endorse one style over the other. Rather, our goal is to define the characteristics of each approach in an effort to help you determine which best suits your needs and preferences.
Despite years of effort, these best-laid plans can be undermined at key points throughout a lifetime. Risks to wealth can include death, disability or even the need to step back from work to care for an aging parent.
High level market concepts for all investors.
