August 2019 Market Outlook & Update image
Monthly Recap Thank goodness August is over with as there was a tremendous amount of noise. Things seemed to reach a fever pitch this past month with the ever evolving US-China trade war, protests in Hong Kong and interest rates which continued to fall globally. The US stock market started off weak and ended up posting only modest losses for the month which was a win in my book due to all the negative headlines that occurred during the month. To recap, here are some of the noteworthy events and stories from August: China responded to President Donald Trump’s tariff threat with another escalation of the trade war, letting the yuan tumble to the weakest level in more than a ...
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