2018 Third Quarter Commentary, Review, and Outlook
Throughout 2018, we forewarned investors the likelihood the stock market was willing to expand the price it pays for the growth of corporate earnings was fairly low. This assumption was further coupled with the recognition the market’s volatility, compared to the calm waters of 2017, would most certainly rise. Thus far, our expectations are being met. Please enjoy this commentary from Robert Hagstrom, CFA and Senior Portfolio Manager from our EquityCompass Strategies affiliate. In addition, please visit ChooseStifel.com to see why so many of your friends have joined Stifel across the country!