Although the U.S. economy has made strong gains over the past few months in manufacturing with low unemployment, the tightening of the labor market for the second half of the year could prevent that growth from getting much bigger, several Raymond James financial professionals suggest.
While some experts say the recent quarter-point Federal Reserve interest rate hike is a sign of even higher rates to come, investors may want to put aside those rate hike predictions and "market noise," according to one financial professional.
Taking stock of spring 2018 market patterns, wealth management firm Raymond James recently predicted that May’s activity will continue to mimic monetary fluctuations seen in April as interest rates will likely increase.
The Raymond James Investment Strategy Committee has released its Investment Strategy Quarterly Review for the first quarter of 2018, indicating the investment environment may grow in 2018-19 with a sustainable growth rate of GDP.
Three major firms — Nationwide, J.P. Morgan and Annexus — shared the spotlight recently in Des Moines, Iowa’s SRP Americas Indexed Insurance Forum 2017, celebrating joint status as “Deal of the Year” recipients at the annual event.