In the midst of long-lasting economic expansion.
With a friendly Fed, low sovereign-bond interest rates, equity bull market should continue its upward
momentum.
However, domestic strength will be offset by a loss of momentum internationally, excaberated by
weakened global PMI, and strength of USD, which would impact large cap U.S. MNCs with overseas
exposure.
Likely to see widening dispersion of stock => long-short stock picker market
In the midst of long-lasting economic expansion.With a friendly Fed, low sovereign-bond interest rates, equity bull market should continue its upwardmomentum.However, domestic strength will be offset by a loss of momentum internationally, excaberated byweakened global PMI, and strength of USD, which would impact large cap U.S. MNCs with overseasexposure.Likely to see widening dispersion of stock => long-short stock picker market
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