Capital markets outlook and long-term themes: Midyear update
WEEKLY MARKET COMMENTARY |
At the beginning of 2018, RSM US Wealth Management, LLC published our long-term capital markets outlook along with relevant long-term themes we deemed important to frame our expectations. As we round the corner into the second half of 2018, we have provided a mid-year update and insight into how our thoughts are evolving.
Each of our five themes remain intact with two modifications. First, continued economic growth is facing headwinds as tightening U.S. monetary policy and a strong dollar begin to restrict economic activity. Second, diverging global monetary policy is likely to moderate, which impacts fixed income opportunities across regions.