FYI: Equities have finally reconnected with economic realities, Jeffrey Kleintop told attendees at Schwab Impact in Washington yesterday. Even though global GDP is expanding at a 3.7 percent rate, economies around the world may have peaked, Schwab's chief international investment strategist told advisors.
There are a number of threats to global growth, "some of them emanating from this city," Kleintop said.
Regards,
Ted
https://www.fa-mag.com/news/sonders--kleintop-see-bear-market-likely-in-next-18-months-41623.html?print
