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Worrisome political landscape

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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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Cresset is an independent, award-winning multi-family office and private investment firm with more than $60 billion in assets under management (as of 11/01/2024). Cresset serves the unique needs of entrepreneurs, CEO founders, wealth creators, executives, and partners, as well as high-net-worth and multi-generational families. Our goal is to deliver a new paradigm for wealth management, giving you time to pursue what matters to you most.

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