Q3: Where Are Markets Headed?

Clients ask us this question often, and we’re sure they are asked the same question by their peers. Of course, the answer is, “No one knows where markets are headed—if someone did, they would quit work and invest every penny in the market they knew would rise the most!” We all know this question doesn’t have a true answer, but that knowledge doesn’t seem to stop us from asking it. And it doesn’t stop some asset managers from answering it.
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