2019 Q2 Global Markets Review & Outlook

Inside, you will find a summary of market activity and our market outlook.

• Expect the Bull Market to Continue: We expect the market to keep climbing, though the pace likely slows in the year’s second half.

• Strong Economic Drivers: In both developed and emerging markets, economic drivers remain strong. We believe these fundamentals will come to the forefront as sentiment improves.

• Global Political Gridlock: In much of the developed world political gridlock persists decreasing the likelihood that sweeping legislation, potentially hurting equities, passes. This gridlock tempers current political volatility.