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Worrisome political landscape

News
Cresset

Jack Ablin, CIO at Cresset Wealth Advisors, appearing on CNBC’s “Power Lunch” on June 18, 2018. He points out that market bulls focus on P/E to forward earnings, but the political landscape in the US regarding China trade could mean an earnings peak is possible as early as Q1/19. Jack is concerned that bringing China back in line is one issue on which both Republicans and Democrats will be able to unite. He also discusses some potential market implications of US immigration reform.

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