Trying to play it safe in the current markets is a risky thing to do. The global chief investment strategist for BlackRock believes those who are cutting and running from political risks may soon have cause to regret it. The Federal Reserve just voted to hold off on a short-term interest rate hike, but Liz Ann Sonders suggests that may change in September. The collapse of the most recent health care reform proposal leaves some questions as to how problems with the ACA may be resolved. Michael T. Townsend of Schwab discusses how the existing law and its tax provisions may affect you.
There Is No Reason To Cut And Run In This Market– Politics may have left some investors ready to cut and run but this isn’t the time to get risk averse. Richard Turnill of BlackRock believes the global economy has entered a period of sustained above-trend growth. Fundamentals and corporate profits look solid. Investors should be in it for the long haul. It will pay — literally. Read more…
Fed Keeps It On The QT– The Federal Reserve voted unanimously to keep rates unchanged last week. The addition of the words “relatively soon” points to the September meeting as a start point to balance sheet shrinkage, or quantitative tightening (QT). Liz Ann Sonders explains what this means for investors. Read more…
Health Care Reform: What Investors Should Know– With the collapse of the most recent health care reform proposal in the Senate on July 27th, what’s next for health care and the broader policy agenda? Here are some questions and answers about the state of play in Washington and the potential implications for investors. Read more…
John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller
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