Weekly Market Commentary
Over the last few months, our analysis has determined that markets have been searching for three positive outcomes: stabilization in the China-US trade dispute, a more dovish Federal Reserve, and the Eurozone to have a more positive trade outlook about the future. Fortunately, the Federal Reserve appears to have paused rate hikes for the time being and China has taken a number of measures to stimulate its own economy. While we continue to remain cautious about the Eurozone, particularly the Brexit outcome and slowing growth in Germany, the U.S. economy is humming along with both low unemployment and domestic wages slowly rising. Also, the domestic housing market is finally showing signs of improvement as mortgage rates have fallen. If there is a positive outcome to U.S.-China trade talks, markets will interpret this as a positive sign and prices could move higher.Click here to read this weeks Weekly Market Commentary.