Financial Markets Surge into 2018
Throughout 207, technology has been our number one performer. However, that is expected to change in 2018. We’ll see a rotation out of technology and straight into financials.
Thanks to the recent tax cut and the interest rate increases, the financial market is doing great and will continue to do well. For example, Bank of America recently went up 10%! With 20% of our portfolio in financials, we’re very happy about this current and forecasted position
We’ll also continue to put our trust in emerging markets and we’ll stay overweighted in technology as well– we still like that.
The Market is Headed Higher
Like we’ve been saying over the last year...the market is heading higher. We’ll see the Dow hit 25,000 soon, and like I mentioned, within the next 24 months, we expect it to reach 30,000
We’ll see some corrections along the way, but this is completely normal and healthy, for that matter
Much to Be Thankful For
It’s been a year that all of us here at Sloy, Dahl & Holst will not forget! Thank you for your support and trust, and we wish you a great holiday season. Until next year!
– Ron Sloy
Watch the recap from Ron here: https://www.youtube.com/watch?v=AGePV8OjqCg&t=31s