Economic Update: May 2019

by Blake Whiteley Last updated on June 10, 2019

Global equities closed the month lower due to continued trade tensions and concerns of a global slowdown in growth. Although volatility has picked up, there hasn’t been any significant deterioration of fundamental conditions. Volatility in a market cycle is normal and expected; while we ideally don’t want too much volatility as markets advance, our minds can be eased knowing that markets have climbed over different walls of worry at different periods in time.

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