When it comes to wealth management, investing and financial planning, what's the outlook for 2007? Cincy Business asked several local experts to share their insights in a roundtable format. The contributors are William E. Hesch of Hesch CPAs, LLC; Matt McCormick, portfolio manager, Bahl & Gaynor Investment Counsel; Howard McEwen, branch manager, Makris Financial Group Inc.; Rebecca Pace of Pace Advisors LLC; Nick Sargen, chief investment officer, Fort Washington Investment Advisors; Thomas J. Walsh of Walsh Asset Management, LLC; M. Jay Wertz, portfolio manager, Johnson Investment Counsel Inc.

WHAT IS YOUR OUTLOOK FOR THE U.S. ECONOMY IN 2007?

McCORMICK: In the short to intermediate term, U.S. economic growth will begin to slow as housing's comeback to reality ripples through the economy. This damaging  "multiplier effect" will not happen overnight, as U.S. GDP is not expected to turn negative until the first half of 2007. The continued inverted yield curve further indicates a recession is not unfathomable. However, all is not lost as certain stocks"”especially large, high quality companies like P&G, GE, and J&J"”will probably out perform.

Click here to Sign In or Register to view the entire article.