New York, NY – The recent global trends in major markets have captured investors’ attention, the most important being the bearish oil prices and the subsequent lack of momentum in stocks, reveals Strahan McNeil Partners, the New York based finance and accounting firm with a global network of financial experts.
The recent downtrend in crude oil, with the US benchmark falling below its price in August 2016, may not hit the panic button, but is being watched with alert eyes. While prices will fluctuate, the underlying imbalances of the oil market and the role of high levels of US oil production are expected to continue.
On the stocks side of the picture, there is again a loss of momentum, while gold has shown upward tendencies. Investors will need to be cautious while deciding on their strategies, be it small caps or the yet to blossom healthcare index. Whether overvalued or not, the long term perspective can be considered brighter, given the rise of new technological forces such as automation.
“Investors should keep an eye on how oil, stocks and government bonds perform in the near future, as this will reveal the larger trends at work,” says Strahan McNeil.
Strahan McNeil Partners is a New York headquartered finance firm which operates a global network of over 560 finance professionals redefining their traditional role as ‘financial technicians’. The firm offers specialized financial services that handles audits, restructuring, structured finance, and mergers and acquisitions. Focused on turning knowledge into value and advantage for its clients, Strahan McNeil Partners provides clients with wide ranging financial and accounting services that meet globally consistent norms.
Strahan McNeil Partners is today playing a new role in the capital markets, supporting positive reforms that would strengthen credibility and confidence. The firm actively takes up social responsibility, making it part of its central, working agenda so as to make a real difference to the communities it serves.
For more information, please visit: www.strahanmcneil.com
Company Name: Strahan McNeil Partners
Contact Person: Simon Wheeler
Phone: (646) 681-7423
Address:685 3rd Ave
City: New York
State: NY 10017
Country: United States