Economic Insights – September 2019

As of this writing, the S&P 500 is less than 1 percent below an all-time high, yet market participants are drowning in the negative news backdrop and geopolitical drama. The ongoing trade talks, the Brexit fiasco, another political crisis in Italy, the Hong Kong protests, and generally weak global data are making nearly everyone nervous.

With all of the uncertainty floating around, if you are confused, you are not alone.  The characteristics and nature of the stock market mean that surprises tend to be the norm, not the exception. .....