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QMR – 2017 Q4

With the year coming to an end, CEO, Ty Haberling echoes the sentiment he receives from many clients as it pertains to investing and the economy: “I want to know what you are thinking about”. While it is our goal to provide meaningful commentary each quarter, at HFG, we favor education over forecasting when it comes to predicting the near term. In this issue we look back on 2017, provide our perspective on company earnings and stock prices, and re-examine how we use market valuations to allocate assets.