Both stocks and bonds appreciated sharply in 2019. The key driver was the Federal Reserve’s sharp U-turn towards accommodative monetary policy.
5 Market Commentaries found.
The third quarter was a choppy one due to uncertainties with the ongoing trade war, Middle East conflict, the never-ending Brexit negotiations, and a presidential impeachment investigation.
U.S. stocks are up a remarkable 18.5% for the first 6 months of 2019—their best first half since 1997 This has been an unusually long U.
After a terrible 4th quarter, stocks opened 2019 by scoring their best quarter since the financial crisis. The rebound was predominately due to a U-turn in the Fed’s monetary policy and a positive turn in U.