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2019 Q3 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 global markets will continue climbing though likely at a slower pace and with increased volatility than earlier in the year.
- Strength in Services is Underappreciated: In both developed and emerging markets, a strong services sector more than offsets weakness in global manufacturing that should prove temporary.
- Dour Sentiment has Potential for Upside Surprise: Tail-risk political events, like Brexit, populism, impeachment and trade wars have dragged sentiment to unreasonable levels.