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About Bruce
Between degrees from Harvard College and Harvard Business School, Bruce Johnstone served two years in the US Navy as an officer on a destroyer and joined Fidelity Investments in 1966. From 1972-1990, he managed the Fidelity equity-income fund. During that period, the fund achieved a return of over 1100%, nearly twice that of the S&P 500. This return ranked Mr. Johnstone as the #1 equity-income fund manager in the nation for the 19-year period.
Bruce's Videos
Strong corporate profit growth in 2018 is now being confronted by huge financial requirements, late cycle economies, trade uncertainty, and China growth risk/geo-political crises. Can fiscal and monetary measures and trade breakthroughs hold off the gremlins? Are near-term resolutions likely or could market shuddering be in the offing?
Economic uncertainty/geo-politics/politics/war/terrorism...Overwhelming? Or not?
Will the "free market" principles be offset by politics and trade wars?
Come to learn:
How might we change the culture in Washington to reduce uncertainty and improve confidence in the private sector?
Supply chain uncertainty? Debt rising? Fed tightening? China slowing? Geo-political crises? Currency crises? Underfunded liabilities? Too much liquidity? Steep valuations? Political crises? Too much to resolve? Market shuddering just might make sense!
Monetary stimulus from virtually every central bank around the world has fostered a modest, but enduring
economic recovery since the financial crisis. Stock markets have followed suit for the past nine years. Now, that quantitative easing that has been rampant is on the cusp of being withdrawn. This presentation will attempt to discuss the ramifications of such a potential change in liquidity and its effects on world economic growth and the resultant markets outlook.
economic recovery since the financial crisis. Stock markets have followed suit for the past nine years. Now, that quantitative easing that has been rampant is on the cusp of being withdrawn. This presentation will attempt to discuss the ramifications of such a potential change in liquidity and its effects on world economic growth and the resultant markets outlook.
Monetary stimulus from virtually every central bank around the world has fostered a modest, but enduring economic recovery since the financial crisis. Stock markets have followed suit for the past nine years. Now, that quantitative easing, that has been rampant, is on the cusp of being withdrawn. This presentation will attempt to discuss the ramifications of such a potential change in liquidity and its effects on world economic growth and the resultant markets outlook.