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A $1.2 trillion money manager has a wake-up call for anyone who’s bullish





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  • Northern Trust Wealth Management recently downgraded its forecasts for the US economy.
  • The investor doesn’t expect a recession but says the benefits of tax reform will likely be front-end loaded and may benefit capital markets more than economic growth.
  • “We downgraded our growth forecast for the US, developed ex-US, and emerging markets because we think expectations have perhaps gotten a little bit ahead of reality,” Katie Nixon, the chief investment officer at Northern Trust Wealth Management, told Business Insider.

The Trump bump for the US economy may soon flatten.

Like many other investors, Northern Trust — which has $1.2 trillion in read more >>>

Source:: BusinessInsider.Com

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