The Fall issue of Bryn Mawr Trust Wealth Management’s Economic & Market Quarterly discusses recent economic expansion and the forecast for U.S. economic growth, analyzes the performance of the equity markets (noting that geography continues to be an important factor when it comes to equity market returns and reflecting on the aggregate advance in the S&P 500 Index since 2007), and reviews the performance of the fixed income markets, including the flattening of the yield curve. It also addresses the challenges of late-business-cycle investing and offers our outlook for the economy and financial markets going forward.
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