After an unusually calm 2017, we have seen volatility return to equities across the globe, with many markets seeing growth moderate.
The US continues to buck that trend, with US GDP accelerating in 2018, hitting 4.1% in the second quarter - the fastest rate in nearly four years. Market Movers blog: US markets continue downward spell The combination of tax cuts and increased federal spending may have pulled some of this growth forward into 2018, meaning it may be hard to replicate in the future, but the outlook into 2019 continues to look strong. Consumer spending and corporate earnings have been performing well and are not showing signs of stress we would consider indicative of the economic cycle nearing a nega...
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