The market actually was given two reasons to sell off this last week, the Fed's weak performance with last weeks interest rate cut, and President Trump's escalation of the Chinese trade war (and China's response in allowing the RMB to break below the psychologically significant 7RMB-to-the-dollar level). As today's...
Monday, August 05, 2019
Investment Climate July 2019
The following Investment Climate was published on our website on July 16, 2019.
Despite a brief correction in May, the general trend in stock prices since the beginning of the year has been decidedly upward. Our growth portfolios have continued their relative outperformance.
While we are quite pleased with these recent outcomes,...
