October 14, 2019 Dear Clients and Friends: 3rd Quarter Market Commentary: The 3rd quarter presented investors with a continuation of themes that have been permeating capital markets, namely U.S. large cap leadership within the equity market, declining U.S. interest rates and sporadic market volatility caused by a myriad of geopolitical issues. Below is…
DetailsCONSUMER SENTIMENT REBOUNDS: The U.S. economy is substantially driven by consumer spending, and so an important indicator for the health of the economy is consumer sentiment. The University of Michigan maintains a carefully watched consumer sentiment index. This index had been decreasing for three straight months. In October, it rebounded. The October results reflected easing…
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