Seeking Alpha

Investment Strategy Outlook - October 19, 2017

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Includes: BIL, CRF, DDM, DFVL, DFVS, DIA, DLBL-OLD, DLBS, DOG, DTUL, DTUS, DTYL, DTYS, DXD, EDV, EEH, EGF, EPS, EQL, FEX, FIBR, FTT, FWDD, GBIL, GOVT, GSY, HUSV, HYDD, IEF, IEI, IVV, IWL, IWM, JHML, JKD, OTPIX, PLW, PPLC, PPSC, PSQ, PST, QID, QLD, QQEW, QQQ, QQQE, QQXT, RISE, RSP, RWL-OLD, RWM, RYARX, RYRSX, SBUS, SCAP, SCHO, SCHR, SCHX, SDOW, SDS, SFLA, SH, SHV, SHY, SMLL, SPDN, SPLX, SPSM, SPTI, SPTL, SPTS, SPUU, SPXE, SPXL, SPXN, SPXS, SPXT, SPXU, SPXV, SPY, SQQQ, SRTY, SSO, SYE, TAPR, TBF, TBT, TBX, TLH, TLT, TMF, TMV, TNA, TQQQ, TTT, TUZ, TWM, TYBS, TYD, TYNS, TYO, TZA, UBT, UDOW, UDPIX, UPRO, URTY, USSD, UST, USWD, UWM, VFINX, VGIT, VGLT, VGSH, VOO, VTWO, VUSTX, VV, ZROZ
by: Robert W. Baird & Co.
Summary

Weight of the evidence turns bullish.

Central Bank focus shifting from the Fed to the ECB.

Low bond yields could be out of sync with global economy.

Optimism excessive, but shy of euphoria.