Alternative Investment Industry foresees continued strength of U.S. economy and a Fed rate hike in 2018
Opalesque Industry Update – With the United States well into its third longest period of economic expansion to date, economists are wondering how long the markets will be able to continue rising and whether or not the seemingly endless surge in the price of Bitcoin indicates that we are in the midst of a bubble that is soon to burst. And with 2017 having drawn to a close with the passage of a new and controversial tax bill, the looming Mueller investigation and increasing tensions between U.S. foreign policy towards countries such as North Korea and Israel, among others, there is uncertainty about how these things could potentially impact the U.S. economy in the year ahead. Given such uncertainty, The New York Alternative Investment Roundtable recently conducted a survey regarding expectations for the year ahead.
“A Strategist’s Outlook for 2018 & Beyond” was the topic of The New York Alternative Investment Roundtable’s December event, where Joseph LaVorgna, Natixis’ chief economist, and Peter Cecchini, senior managing director, co-head of equities, chief market strategist and global head of equity derivatives for Cantor Fitzgerald shared their thoughts on the year ahead.