Markets go up and down. Historically they have gone up more often than they have gone down. No one can predict the future, nor should they try when it comes to investing. But if you’re someone who is waiting for the next crash and basing your investing decisions on fear, consider the confidence level of those driving our economy.
A recent survey by the National Association of Manufacturers (NAM) revealed that 95.1% of U.S. manufacturers polled said they have a positive outlook for their companies in 2018 as of second quarter, the highest percentage recorded in the survey’s 20-year history. The NAM survey also found that 77% of manufacturers plan to increase hiring, 72% plan to increase wages and 86% plan to increase capital expenditures due to tax reform. That’s good news. Stay diversified.
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