By using a disciplined business cycle approach, investors can identify key phases in the economy to achieve active returns from sector allocation.

Business owners in the real estate industry should be pleased with new tax regulations interpreting the Tax Cuts and Jobs Act.

As we cross the halfway point of 2018, the U.S. economy continues to exhibit unrelenting strength while also showing classic late cycle characteristics.

As investors, we are bombarded with information to digest, evaluate, and synthesize into coherent and actionable conclusions.

The U.S. economy remains strong, and there is evidence that the full benefit of last year’s corporate tax cut has not yet been felt. Indications are for continued economic growth in the back half of the year, but a strong U.S. dollar could be a headwind for certain parts of the economy.

One of the most challenging aspects of evaluating opportunities at this point in the market cycle is the tendency of the market to be rather binary in its assessments.

As the first quarter closed, equity and bond markets were searching for direction following the losses posted in the back half of the quarter after an exemplary January.

As market strategists and pundits attempt to predict the end of this economic cycle, a commonly mentioned indicator is the term spread of U.S. Treasuries – or the difference between short-term yields and long-term yields.

We have been counselling our clients to try to ignore politics and geopolitics when they consider their investment strategy. Instead, we have said, pay attention to the fundamentals, the strong economy, and impressive corporate earnings.

As the second longest economic expansion on record in the United States entered another year, questions around potential catalysts for greater gains arose. With economic data still solid, and the effects of the corporate tax cut not yet fully felt, the case for equities remains intact.