WrapManager's Wealth Management Blog
When life changes, we can help you thoughtfully respond.

It’s the 2nd Longest Economic Expansion in U.S. History – How Long Can It Last?

Posted by Michael J. O'Connor | CWS®, Vice President Investments

June 6, 2018

Through April of this year, this economic expansion is now 106 months old. If the US economy continues to grow through May – which seems all but assured – it would make this economic expansion the second longest in US history. Looking out even further, if the economy continues to grow through July 2019, it would become the longest period of growth in the history of the country.

There’s a real chance it could happen – in a recent poll of global fund managers by Bank of America Merrill Lynch, only 13% of them thought a recession was likely in the near term. Using Corporate America (earnings) as in indicator, the numbers also support the case for more growth: in Q1 2018, the blended earnings growth rate for S&P 500 companies is 24.5% as of this writing, which would mark the highest earnings growth rate the economy has seen in nearly eight years.

[+] Read More

Economic Recovery market perspective stock market performance Economic Indicators

BlackRock Weekly Commentary Asks Is This As Good As It Gets?

May 17, 2018
An Unusual Earnings Season  With many developed market firms having reported first-quarter results, we can say without doubt it’s been an ... [+] Read More

Main Management Reviews Q1 Market Volatility and Its Impact on the Uncertainty Index

April 12, 2018
Taking A Look Back at Major Market Milestones of First Quarter 2018 The first quarter of 2018 was anything but a continuation of the market ... [+] Read More

JP Morgan Examines Economic Growth and Employment

March 22, 2018
JP Morgan's weekly update offers investors an at-a-glance summary of economic news and reports.This week's update looks at: • Economic ... [+] Read More

Stock Market Volatility: Could These Be Future Considerations for Investors?

February 16, 2018
Money Managers continue to reflect on the market volatility from last week, lessons learned, and consider what's to come. This week's post ... [+] Read More

Updated: JP Morgan Guide to the Markets for 1Q 2018

February 15, 2018
Updated with 4Q 2017 Data JP Morgan's updated Guide to the Markets for the first quarter of 2018 now includes financial data for 4Q 2017, ... [+] Read More

How Inflation and Interest Rate Fears Could Have Been to Blame for Recent Market Volatility

February 8, 2018
Inflation worries caused by a single economic report have led to increasing concern that the economy may be overheated. A rapidly expanding ... [+] Read More

Money Manager Commentary: Why Was the Market So Volatile This Week?

February 8, 2018
Money Managers have had plenty to say about the market volatility that started last week. That’s why this week we’re doing something ... [+] Read More

JP Morgan Guide to the Markets for 1Q 2018

January 11, 2018
JP Morgan Quarterly Guide to the Markets JP Morgan’s Guide to the Markets for the first quarter of 2018 is now available for your review. ... [+] Read More

JP Morgan Recaps Year-End Economic Data

December 28, 2017
JP Morgan's weekly update offers a snapshot of changes in the economy and potential implications for investors. This week's investment ... [+] Read More