Fisher Investments’ Senior Vice Presidents of Research, Michael Hanson and Aaron Anderson, share their thoughts on the health of the global economy. According to Michael, the economy is more resilient than many think—demonstrated by a world that avoided a widely-expected recession in recent years as businesses nimbly responded to inflation pressures. Looking forward, Michael believes the economy should benefit from pent-up demand as businesses begin to reverse budget cuts.
Despite modest improvement in investor sentiment, Aaron adds that he believes economic expectations remain low. While he believes growth-oriented stocks could continue their recent momentum if economic growth remains steady, he thinks a reacceleration in the economy could create opportunities in more cyclical categories.
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Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.