July 2018
Weekly Commentary July 13, 2018
Save the Date: Exencial’s Mid-year Teleconference
By Tim Courtney, Chief Investment Officer
The stock market has been active in 2018, but for the most part, has ended up about where it started the year. It opened strong following sweeping tax reform changes1, only to experience a sharp pullback and 10 percent correction in February2. Though consumer confidence numbers3 and corporate earnings growth4 continue to look positive, the return of volatility5 and mounting global trade tensions6 have some investors concerned. Many are asking if the market is taking a breather or fearing that the market may be headed lower.
To address your questions and concerns, we will be hosting our semiannual client teleconference on Tuesday, July 31 at 12:30 p.m. CST.
During the first 30 minutes of the call, our investment team will offer our market outlook for the remainder of the year, as well as discuss specific sectors and companies we’re keeping a close eye on. Afterward, the team will address questions submitted both before and during the teleconference.
To register for the teleconference, please click here.
If there is anything in particular you’d like us to address during the call, please send us your questions ahead of time to tcourtney@exencialwealth.com.
We hope you can join us!
Sources:
1 CNBC – The stock market is off to its best start in 31 years and that bodes well for the rest of 2018
2 CNBC – Watch for another selling wave in the stock market as investors are forced out of their low volatility bets
3 MarketWatch – Consumer confidence is close to 18-year high
4 TheStreet – Earnings season could bring the strongest corporate profit growth since 2010
5 CNNMoney – Stop the market! I want to get off! Volatility is back
6 CNNMoney – The making of a global trade war
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