The Daily Difference: Fundamentals Remain Strong

News headlines remain dominated by geopolitical concerns with Ukraine, Russia and Iraq leading the way. It is easy to get caught up in the media highlights that create exciting news stories. The market has been looking for an excuse to correct and we are in the middle of it. We haven’t seen any panic selling, but more a lack of buy demand, which likely equates to investors sitting in cash and a time of vacations on Wall Street. Keep in mind that fundamentals have not changed. Earnings overall continue to impress, the economy continues to grow and the Fed has remained very accommodative to continued growth. Until we see a shift in economics and a change in the Fed’s stance, this doesn’t appear to be a change in the overall direction in the markets.

For a great explanation of the current market fundamentals, watch this interview with Brian Wesbury, Chief Economist for First Trust: Click here to watch the latest Wesbury 101 – Don't Fret the Dip: Fundamentals Are OK

The views expressed in the video are those of the speaker, who is not affiliated with Gill Capital Partners. There can be no assurance that projections will be realized. The content may not be updated and therefore, the information presented may not reflect events occurring after the date of publication. Gill Capital Partners does not guarantee, approve, or endorse the information contained in the video.

BlogJohn Winslow