Stocks fell Friday despite a strong October jobs report. First Franklin Financial’s chief market strategist tells Reuters’ Fred Katayama stocks are still in a correction phase.
Brett Ewing on Nikkei CNBC Japan
Barring a FED misstep, we continue to believe we are in a global economic expansion that started in 2016. This expansion has been given pause by trade wars and a rising dollar, both of which we expect to stop sometime in the second half of the year and give way to the continuation of the expansion.
Why traditional economic indicators failed so many this cycle
Many economists believe a recession is still a possibility, which has been stoked by the breakdown in traditionally reliable indicators
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