What happens when an irresistible force meets an immovable object? Or, more to the point, what might happen when the uncertainty generated by a protracted trade war bumps up against an increasingly dovish Federal Reserve? The market responded to that question throughout the second quarter and ultimately came up with “not much” as an answer.
We invite you to download our complimentary whitepaper co-authored by myself and Chief Investment Strategist Paul Teten, CFA, for an in-depth look at economy during Q2 2019. The story of the second quarter has been dominated by those opposing forces — trade tensions and a dovish Fed. The end result has been unexceptional gains in the broad-based indices, as modest economic growth tipped the scales in favor of the bulls.
If you would like to review your current plan and portfolio with one of our financial advisors, or have specific questions on the market, please contact us to schedule a personal consultation — and let’s have a conversation.