2016 Forecast and Commentary

    Monthly & Quarterly Commentary
    | November 29, 2018

    "More of The Same"

    The global economy remains challenged in the near-term by unfavorable demographics in the developed world, a significant rise in global sovereign debt and excess global capacity led by a debt-driven expansion in China.

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    David Post

    David has been a member of the Telemus team since 2014. As the Chief Investment Officer, David formulates investment strategy and constructs portfolio model allocations for approval by the Investment Committee. David also serves as Chair of the Investment Committee and is a member of all internal research groups. David is a graduate of the University of California, Berkeley, and brings to Telemus more than 34 years of investment management experience serving as Founder, CEO and lead portfolio manager of investment firms serving both institutional and high net worth clients. David enjoys golf, skiing, and cycling, as well as architecture and contemporary art. He also loves to spend time with his wife, two children, and two grandchildren.

    David Post dpost@telemus.com

    PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. Investment decisions should always be made based on the client's specific financial needs, goals and objectives, time horizon and risk tolerance. Current and future portfolio holdings are subject to risk. Risks may include interest-rate risk, market risk, inflation risk, deflation risk, currency risk, reinvestment risk, business risk, liquidity risk, financial risk, and cybersecurity risk. These risks are more fully described in Telemus Capital's Firm Brochure (Part 2A of Form ADV), which is available upon request. Telemus Capital does not guarantee the results of any investments. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, and may lose value.

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