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Submit ReviewJack Janasiewicz, Portfolio Strategist at Natixis Investment Managers, says the economy can keep supporting earnings growth, and as long as earnings are marching higher, it should pull the equity market up further. While warning that investors may have to adjust expectations after two big years that make an encore unlikely, Janasiewicz says that heightened volatility amid geopolitical tensions is more a wild-card or an unknown than a detonator for trouble. Moreover, he notes that if the global market takes a turn driven by war or political tensions, the U.S. will remain "the best house in a tough neighborhood." Tom Rossi discusses the latest results from Northwestern Mutual's annual "planning and progress study," which showed a significant gap between what Gen Z and Millennials expect to receive from their parents an inheritance and what their parents are actually planning to leave behind. Plus, Toni Turner, President of TrendStar Trading Group, says the technicals show that "We're still in a bull market," and while she is taking a little off the table to play defense against heightened volatility through the election and into the new year, she doesn't currently anticipate some deep decline even as the market digests some of its big gains from the last two years.
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