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April 2, 2019
Director, Asset Allocation Strategy
Market performance suffered a noticeable slowdown throughout 2018, but first quarter market performance implies investors have faith that the reincarnation of central banks will lead to the rebirth of the global economic expansion.
More from Investment Commentary
Global stocks picked up on Friday, following a largely flat week, on promising Chinese trade data and a solid start to first quarter earnings.
We don’t think the Federal Reserve was dovish enough at the recent meeting, potentially not recognizing the risks to growth that additional rate hikes represent.
Global stock markets have advanced rapidly this year, as fears of recession recede and central banks have mollified investors. Chief Investment Strategist Jim McDonald takes a closer look.
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