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Flash Report May 2019

Escalating trade tensions heightened global growth fears, evoked memories of last December’s market turmoil, and sent investors running to the safety of US Treasury bonds. With US corporate capital expenditures and financial spending turning over, and China’s manufacturing sector contracting, prior growth optimism is increasingly yielding to recession fear. Investors are handicapping a high likelihood of Fed easing, thereby setting the stage for disappointment, volatility, and market correction.

WRITTEN BY | June 3, 2019


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