Stocks Continue to Overcome Headline Risk

By Mike Liss - November 30, 2018

The biggest driver of market movement over the past quarter can be summed up in two words: trade war. The U.S. and China have been volleying threats—and imposing—tariffs on each other in an escalating game of tit for tat. In fact, the trade tensions have overshadowed still-strong corporate profits, which is another market driver. It’s important to note, however, that the current rate of corporate profit growth is probably going to slow, for a couple of reasons. In the video below, I touch upon those and several other crosswinds that make it impossible to predict exactly what the market will do in the next few months.

Transcript

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      The opinions expressed are those of American Century Investments (or the portfolio manager) and are no guarantee of the future performance of any American Century Investments' portfolio. This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.