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Tariff Threats Growing? Markets Shuddering? What to Do?
Released on Thursday, August 15, 2019•MARKETS
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?
Bruce Johnstone
Fidelity Investments,
Managing Director
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.
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