Despite the lingering uncertainty and questions related to global policy: Legislative, Monetary (the Fed) and Foreign, the market has continued to grind higher, further strengthening the argument that despite the negative and uneasy sentiment, markets and global economies are actually quite healthy. For the first time in a while we are seeing global economies growing in sync (See Chart) and this backdrop has provided healthy returns for just about every stock market around the world in 2017.
This blog is for informational purposes only. The statements contained herein are solely based upon the opinions of Canal Capital Management, LLC and the data available at the time of publication of this report, and there is no assurance that any predicted results will actually occur. Information was obtained from third party sources which we believe to be reliable but are not guaranteed as to their accuracy or completeness. This blog contains no recommendations to buy or sell any specific securities and should not be considered investment advice of any kind. Past performance is no guarantee of future results. In making an investment decision individuals should utilize other information sources and the advice of their investment advisor.