Insights

Macro Market Commentary

Macro Market Commentary: January 2, 2019
Jimmy C. Chang, CFA
Disconnected Markets

Disappointing 2018 in spite of strong growth; markets disconnected from fundamentals. Buoyed by big tax cuts and positive business sentiment, investors started out 2018 full of optimism that was later validated with upward corporate earnings revisions throughout the year. However, concerns over Fed overtightening kicked off a rough fourth quarter that culminated in indiscriminate selling […]

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