Market Observations for April 2018

Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for March. Last month, both U.S. and international markets saw losses. It was the second down month in a row, something we haven’t seen in a while. This was due, in part, to markets becoming uncertain on the news of tariffs on China—which rattled companies around the world. Plus, Fed Chair Powell was seen as more hawkish than expected, introducing uncertainty around interest rates. Despite all this, do the fundamentals remain solid? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.

 

MARKET OBSERVATIONS FOR MARCH 2018

Brad McMillan, Commonwealth’s CIO, recaps the economic news for February. Last month, there was a 10-percent market drawdown in the U.S., something we haven’t seen for almost two years. Although many were worried that this was the “big one,” the markets recovered more than half of their losses by month-end, and the economic fundamentals remain sound. Job growth is strong, business confidence is high, and consumer confidence is at the highest level since 2000. Will this good news continue into March? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.