Kiplinger: Carl Ludwigson Quoted in “Stock Market Today: Stock Slips on Mixed Economic Data Dump”
June 17, 2021
“Stock Market Today: Stock Slip on Mixed Economic Data Dump,” by Kyle Woodley, Kiplinger.
"While the rate of growth will slow from the sharp rebound in 2021, the outlook for 2022 hardly portends the economic-growth scarcity that drove growth stocks to massively outperform at the end of the last cycle," says Carl Ludwigson, director of manager research for investment firm Bel Air Investment Advisors. "Furthermore, the expected tapering of asset purchases by the Fed should allow 10-year interest rates to drift higher even as the overnight rate remains pegged near zero, which favors value over growth stocks, as the latter depends more on future cash flows."
Click here to read the full article
Bel Air Investment Advisors is a group comprised of investment professionals registered with Hightower Advisors, LLC, an SEC registered investment adviser. Some investment professionals may also be registered with Hightower Securities, LLC (member FINRA and SIPC). Advisory services are offered through Hightower Advisors, LLC. Securities are offered through Hightower Securities, LLC.
This is not an offer to buy or sell securities, nor should anything contained herein be construed as a recommendation or advice of any kind. Consult with an appropriately credentialed professional before making any financial, investment, tax or legal decision. No investment process is free of risk, and there is no guarantee that any investment process or investment opportunities will be profitable or suitable for all investors. Past performance is neither indicative nor a guarantee of future results. You cannot invest directly in an index.
These materials were created for informational purposes only; the opinions and positions stated are those of the author(s) and are not necessarily the official opinion or position of Hightower Advisors, LLC or its affiliates (“Hightower”). Any examples used are for illustrative purposes only and based on generic assumptions. All data or other information referenced is from sources believed to be reliable but not independently verified. Information provided is as of the date referenced and is subject to change without notice. Hightower assumes no liability for any action made or taken in reliance on or relating in any way to this information. Hightower makes no representations or warranties, express or implied, as to the accuracy or completeness of the information, for statements or errors or omissions, or results obtained from the use of this information. References to any person, organization, or the inclusion of external hyperlinks does not constitute endorsement (or guarantee of accuracy or safety) by Hightower of any such person, organization or linked website or the information, products or services contained therein.
Click here for definitions of and disclosures specific to commonly used terms.
LEGAL AND PRIVACY | WEB ACCESSIBILITY PORTAL
Form Client Relationship Summary ("Form CRS") is a brief summary of the brokerage and advisor services we offer.
HTA Client Relationship Summary
HTS Client Relationship Summary
Securities offered through Hightower Securities, LLC, Member FINRA/SIPC, Hightower Advisors, LLC is a SEC registered investment adviser. brokercheck.finra.org ©2025 Hightower Advisors. All Rights Reserved.