The US midterm elections are going to be 'very contentious': CIO from CNBC.
Adviser Investments’ Chief Investment Officer Jim Lowell joined CNBC Street Signs Thursday, explaining why he believes this is a good time for investors to take a “more cautious” approach to portfolio allocation. Jim anticipates an increase in trade-war-related uncertainty as we approach what will likely be a contentious midterm election season. Despite those near-term concerns, however, Jim notes that the longer-term fundamentals of earnings and economic data remain healthy.
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