Market Thoughts for April 2019

Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for March. It was another great month, with U.S., emerging, and developed markets all up. But this strength was a bit strange, considering the weakening seen in the fundamentals. Here in the U.S., both consumer and business confidence took a hit, the yield curve inversion caused many to worry about a pending recession, and analysts lowered their expectations regarding corporate earnings. Given all this, is growth likely to continue? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.

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