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    For 20 years, the Brinker Capital Destinations team has helped investors in their quest to achieve their goals.

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Market & Economic Outlook

Market & Economic Outlook – June 2018

In a continuum from previous months, volatility persisted throughout May. Political risk dominated headlines with uncertainty escalating around the Trump administration’s trade policy, increasing tensions between the US and its trading partners. We continue to believe the positive effects of the tax reform bill will likely outweigh any negative effects of restrictive trade policies. Macroeconomic data remained supportive with first quarter corporate earnings and profit margins stronger than expected and unemployment at an 18-year low. This increases the likelihood for four Federal Reserve (Fed) rate hikes in 2018, with the next potential hike occurring in June.

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