Part 7/9:
Given the current political climate, there remains a significant level of policy uncertainty that complicates future market projections. Nevertheless, Snyder emphasizes clarity on key economic indicators, particularly earnings growth and the health of the broader economy. While earnings growth was forecasted to be around 11% for the upcoming year, Snyder points out that the impacts of potential changes in tariffs or tax policies could have far-reaching implications.
With respect to mid-cap and small-cap stocks, Snyder notes a confident outlook, as these companies are often less exposed to tariffs and more insulated within the U.S. economy. They could potentially outperform, especially with favorable domestic policies such as tax cuts and deregulation on the horizon.