Immigration, DOGE, and the Impact on the Economy
We remain optimistic about the economic (and therefore market) outlook for 2025, although we are closely watching a variety of indicators for signs of weakness. Some indicators, like credit spreads, CEO confidence, small business optimism, equity market breadth, and the labor market remain quite strong. Others, including uncertainty around administration policies like tariffs and immigration […]
Economic Indicators Are High. Investment Valuations Are Higher.
By Ellen Hazen, CFA®, Chief Market Strategist What We Are Watching in January and in 2025: As we look to 2025, we see a continuation of many of the trends we observed in 2024. Economic indicators have generally remained strong, and we expect this to continue in 2025. Corporate profits are on track for another […]