July 2019 Market Outlook & Update image
Monthly Recap July was a choppy month with a lot of headlines and somehow the stock market managed to be positive on the month. At the time of my writing however, the markets have had a rough start to August. But as we've seen in the past downturns, they tend to be short lived. To recap, here are some of the noteworthy events and stories from July: The US economic expansion hit 121 months and is now officially the longest in history!The Federal Reserve lowered interest rates by .25% to the 2-2.25% range. The market was pricing in 3 interest rate cuts this year and may have been disappointed in Powell's perspective that this is just a ...
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