Investing in a World of Rancor
In this week’s edition of the LifePro Asset Management Market & Portfolio Review, our head of Wealth Management, Robert Reaburn, reviews how the U.S. stock market has historically handled impeachment in the past and how we can use the noise surrounding these proceedings to our long-term advantage.
In particular, Robert will be reviewing the two cases of impeachment that occurred in the 20th century, how markets reacted and most importantly, how the economic backdrop during each impeachment proceeding was the ultimate arbiter of stock market behavior and direction. Additionally, Robert will be conducting a quick health check of the stock market by reviewing our risk indicators and walking clients through how we weigh the market to determine how we are going to position client portfolios.
We are also going to review the action across the credit markets to measure Corporate America’s balance sheet health along with analyzing recent U.S. GDP revisions and whether it jives with what we’re seeing across our risk indicators. Lastly, we are going to circle back to the oil market and see what prices have done since the attack on Saudi oil facilities while also paying a quick visit to Europe to review how their stock markets are handling the economic slowdown in Germany.
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