Market Thoughts for December 2018
Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for November. It was a rocky month. Concerns surrounding the midterm elections, the trade conflict between the U.S. and China, and the economic slowdown resulted in market turbulence. Still, the financial markets bounced back. Here in the U.S., the Dow, the S&P 500, and the Nasdaq all had some gains. Abroad, the emerging markets rebounded strongly. Even bonds made money, despite interest rate turmoil. But will this bounce continue? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.