Greg Young, SVP and Senior Portfolio Manager at Bernstein Global Wealth Management spoke to WFE on January 11th to provide an overview of the 2017 U.S. Economic Outlook from an investment stand-point. Greg indicated that the US election (Trump plus Republican Congress) may catalyze faster economic growth and a pro-business climate. The stock and bond markets have begun to price that in. This optimism is a big change from recent years. Despite current optimism, political uncertainty across the globe will be high including potential US policy changes and elections across Europe in 2017. Markets, sectors and securities will react accordingly. Managing through this volatility and opportunity will be crucial to successful investment outcomes.
Since our founding in 1967, Bernstein has focused solely on investment research and management for HNW and UHNW clients. That means our interests are aligned with our clients, and we are fully accountable for their outcomes. We focus on research-driven investing, driven by the global insights of our in-depth, un-conflicted research. We focus on client-focused strategies, while managing volatility and tax on a daily basis. Bernstein is part of AB, one of the world’s largest investment firms, managing nearly half a trillion dollars in assets for clients around the world.