Market Thoughts for April 2019

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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.