June Monthly Market Review: Baseball and the Economy
June 18, 2018
Early summer may be the best time of year for sports fans. From hockey and basketball championships to baseball, sports fans have plenty of options from which to choose. Baseball has no time limit, rather a minimum of innings to be played, and sometimes dawdles in comparison to the race against the clock of other sports.
Baseball fans have begun to lament that the game seems to be taking longer. Like baseball, the economy and markets have their own pace. As baseball games have lengthened, so too have economic expansions as shown by the official records of the National Bureau of Economic Research (NBER).
What do longer cycles mean for U.S. economic expansion and bull markets? Read our June Market Review to learn more about the investment implications.