stock marketA few years back, The Patriot Ledger pulled together a group of local business folks to comment on economic and business issues facing our region and the country. I am grateful to serve with these distinguished business leaders. The recent question posed to the Economic Advisory Panel dealt with “where’s the smart money headed next”?

Here’s what I had to say:

“Depends what market you are referring to: The U.S. stock market may be posting record highs, but the S&P 500 is up just shy of 3 percent for the year. Things will keep bouncing around through year end. As far as the economy, we don’t expect much growth. The economy continues to improve, but is still very weak. First-quarter GDP was just +0.1 percent, and revisions could push that number negative. We believe the low interest-rate environment will make equities the logical choice for investors and drive the market even higher.”

It’s always fun to see what each person had to say. Take a read and share where you think the stock markets and Wall Street will be through year end.

Recent Posts

Summer 2021 Recommended Podcasts

Summer 2021 Recommended Podcasts

We hope you've been enjoying the long warm days of summer as much as we have. One way our team loves to spend all this additional outdoor time is by tuning into our favorite podcasts. If you're looking for a new podcast, consider giving one of these a try. With topics...

read more
Summer 2021 Recommended Reading

Summer 2021 Recommended Reading

With summer in full swing, it's time to start crossing some of those books off of your summer reading list. If you've been searching for your next good book, look no further than our selection of summer reading recommendations, compiled by your WH Cornerstone team....

read more
Defining what self-care means to you

Defining what self-care means to you

We hear the phrase "self-care" tossed around a lot in everyday conversation, but what does it really mean? For some, the phrase probably conjures up images of bubble baths and face masks. For others, maybe it reminds them of their weekly yoga class or a nightly...

read more