Market Thoughts for August 2019

Weekly Market Update for July 22nd, 2019
July 22, 2019
Market Thoughts for September 2019
September 1, 2019

Brad McMillan, Commonwealth’s CIO, discusses the markets and economy for August

July was a mixed month, with some good news and some bad. U.S. markets rose and fixed income went up, but emerging markets pulled back. In the U.S., second-quarter growth beat expectations, buoyed by the consumer. People were willing and able to spend, a trend that is likely to continue. Earnings also went up, another positive surprise. Still, risks remain, including the threat of Brexit under Prime Minister Boris Johnson.

Follow Brad at blog.commonwealth.com/independent-market-observer.