Barron’s, October 25: In all, next year is “shaping up to be more challenging” than 2018 has been, with the S&P 500 earnings growth forecast to be “cut in half,” writes Cornerstone Capital Group’s Michael Geraghty. Overall, he’s looking for U.S. stocks to post a single-digit gain in 2019 as bond prices continue to move lower, “although more bearish scenarios for both asset classes cannot be ruled out.”
Cornerstone Capital Group has joined the Pathstone family.
Cornerstone’s leadership and expertise in sustainable and impact investing will enhance Pathstone’s existing efforts in this increasingly important approach to portfolio construction. Culturally, we are well aligned: We both were formed by veterans of large financial institutions who sought to bring innovative new ideas to market; we both hold a fiduciary duty to clients as our leading priority; we both place high value on employee diversity and well-being; and we both are deeply committed to integrating customized financial and impact objectives into every client’s portfolio.
Together we can continue our focus on being a firm celebrated for our core values and recognized as “Built for Clients, Powered by Innovation and Smart in a Way that Matters.”
