The economy is good!
On Wednesday April 11, 2018 we heard from John Schonberg of Stonebridge Capital Advisors. John presented on Second Quarter Economic and Market Persecutes. John talked about Corporate Tax rates being down 15%, and noted that we are starting to see little signs of inflation and that is trending to be at 3 to 3.5% by next year.
According to John, the economy is good, and we should see another 10 to 12 months before there is a turn. His key point from this presentation is make sure when the turn happens you are prepared for that, make sure you are keeping your principal safe. See your financial advisor if this is something you want to make sure is done.
John then took some questions from Rotarians and we had a brief discussion on large company pensions and the fall out that is coming, possible very soon for some.