Fritz Meyer Economic Update, December 2018

Event

Fritz Meyer Economic Update, December 2018
Title:
Fritz Meyer Economic Update, December 2018
When:
Tue, 11. December 2018, 04:00 PM EST - 05:00 PM EST
Category:
Webinars
Created by:
Ben Resnik

Description

Tariffs, rates, and the economy are raising fears.

What if our worst fears are realized? The U.S. imposes a 25% tariff on everything we import from China. Both JP Morgan and Goldman Sachs conclude it might knock 0.1% off of 2019 GDP. A showstopper for the U.S. economy?

The yield curve inverted, The New York Times and major TV cable news stations reported last week. But that's inaccurate! The yield curve has flattened but it's not close to inversion! FOMC members disdain yield curve inversion and Fed chair Jerome Powell has taken a more dovish stance.

Momentum. Growth in new jobs, wages, personal and small business income brought strength in personal spending. It's hard to imagine the economy turning down suddenly, given record strength in small business optimism and the leading economic indicators, along with November's jump in the manufacturing purchasing managers index and in the new-orders sub-index.

The stock market is re-calibrating, as investors rethink earnings growth and P/E multiples. Stock market gains may be limited as expectations downshift. However, just because earnings growth is expected to go from spectacular in 2018 to normal in 2019, doesn't mean a bear market is likely.

 

An average of 90 professionals monthly over the last year gave Fritz's CE webinars an average rating of 4.9-stars.


To collaborate with Fritz deeply, request a This email address is being protected from spambots. You need JavaScript enabled to view it..

Fritz was the strategist at one of the world's largest investment companies for over a decade, before going independent and becoming a popular monthly presenter on A4A in 2011. He's not affiliated with any products, political party, or school of economic thought.

 

This webinar is eligible for one hour of CE credit towards the CIMA® and CPWA® certifications, CFP® CE, PACE credit toward the CLU® and ChFC® designations and live CPA CPE credit.

Skip To: Latest News.

Top Stories

 

We're the right news and professional education solution for you if you’re a fiduciary who:

 

--  holds a CFP®, CIMA®, CPA, CPA/PFS, CFA or other designation requiring CE annually  

--  likes Fritz Meyer, Craig Israelsen, Bob Keebler or Andy Gluck

--  relies on economic fundamentals

--  broadly diversifies a core of client portfolios in low-expense funds

--  strategically invests based on MPT

--  offers tax and financial planning advice

--  wants thought leadership when bad news breaks 

 

A4A courses, accredited by the CFP Board, IWI, and NASBA, power a special brand of independent financial advice. We also leverage the Web to benefit consumers as well as fiduciaries enrolled in our classes.

 

 

   JOIN