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November Market Commentary

November 16, 2018

We thought that you may find the below chart of interest. We are encouraged by the fact that currently, out of 12 possible economic indicators, 11 show economic expansion.

US Recession Risk Indicators

Views expressed are not necessarily those of Raymond James & Associates and are subject to change without notice. Information provided is general in nature, and is not a complete statement of all information necessary for making and investment decision, and is not a recommendation or a solicitation to buy or sell any security. Past performance is not indicative of future results. There is no assurance these trends will continue or that forecasts mentioned will occur. Investing always involves risk and you may incur a profit loss. No investment strategy can guarantee success. The S&P 500 is an unmanaged index of 500 widely held stocks. It is not possible to invest directly in an index.

Raymond James is not affiliated with and does not endorse the opinions of ClearBridge Investments.

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