Select Region/Language
US
China

We’re coming up empty for insights on “SEARCH_QUERY”

We’re coming up empty for services on “SEARCH_QUERY”

We’re coming up empty for team members on “SEARCH_QUERY”
We’re coming up empty for “SEARCH_QUERY”

Make sure you’ve spelled everything correctly, or try searching for something else

Looking for something else?

OCTOBER 03, 2018

October 2018 Outlook for Financial Markets

“A mind that is stretched by a new experience can never go back to its old dimensions.”
– Oliver Wendell Holmes

 

  • Home prices are high. Affordability is falling. Housing starts and sales are slowing.

  • Mortgage delinquencies continue trending downward, and are at the lowest level in a decade.

  • Current 30-year fixed mortgage rates are in the 4.5% range – up about 1% since 2016, but below the 20-year average of about 5.4%.

  • We believe that the economy can digest wage growth of about 3.5% without meaningfully cutting into corporate profit margins

  • To the extent all of these tariffs actually go into place, we would expect the real economic effects to increase somewhat gradually but eventually become meaningful – dampen capital expenditure, dampen consumer sentiment, and raise prices.

Download and read the October Outlook for Financial Markets to learn more. 

Yung-Yu  Ma, Ph.D.
Yung-Yu Ma, Ph.D.
Chief Investment Strategist
BMO Wealth Management - U.S.
Yung-Yu Ma is Chief Investment Strategist for BMO Wealth Management &ndash…
Yung-Yu Ma is Chief Investment Strategist for BMO Wealth Ma…
Yung-Yu Ma is Chief Investment Strategist for BMO Wealth Management – U.S.   As Chief Investment Strat…
Michael Stritch
Michael Stritch, CFA
Chief Investment Officer and National Head of Investments
BMO Wealth Management - U.S.
Michael Stritch is Chief Investment Officer and National Head of Inve…
Michael Stritch is Chief Investment Officer and National He…
Michael Stritch is Chief Investment Officer and National Head of Investments for BMO Wealth Management – U.S…
October 2018 Outlook for Financial Markets
Download the entire the e-Mag Issue download emag download emag 479.0 KB PDF