Future Returns: Sticking with Growth and Value as the Economy Strengthens

 Future Returns: Sticking with Growth and Value as the Economy Strengthens


Northern Trust
Wealth Management’s chief investment officer is optimistic about the U.S. economy’s trajectory and doesn’t view inflation as a persistent concern.

Despite a few economic reports that could cause worry, including a weaker-than-expected third-quarter GDP report last week, and a handful of unimpressive third-quarter corporate earnings reports, Katie
Nixon,
Northern Trust’s CIO, sees mostly good news. 

Third-quarter earnings are delivering “strong, strong beats across the board,” Nixon says, which is notable in the face of slower third-quarter growth and the resurgent pandemic from that period. The reports that are less-than-stellar, such as those delivered by the tech giants, including


Amazon
and


Apple,
last week, were about supply constraints—not a lack of consumer demand, Nixon says. 

“That’s healthy,” she says. “It’s…

Read full article…www.barrons.com