MARKETS TAKE A HIT IN Q4
Most asset classes fell in the fourth quarter, adding a negative tinge to 2018’s already lackluster results. Concerns over slowing growth in the U.S. and abroad, rising U.S. interest rates, and uncertainty driven by trade tensions, political turmoil, and recession fears sent investors running.
Comments on Market Volatility 2/8/2018
Recent market volatility, while significant, does not appear to be tied to a specifically sinister event. In what is perhaps a case of good news (stronger earnings) leading to bad news (interest rate increases); markets are adjusting in anticipation of change.
JPM Market Insights, Market Recap 8/7/2017
The July employment report was a positive surprise, with nonfarm payrolls rising by 209,000 last month. Despite an increase in the participation rate, the unemployment rate fell to 4.3%, matching the May 2017 reading as the lowest level seen in 16 years, as shown in this week’s chart.