Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for June. It was a great month for markets around the world, capping off a strong second quarter. With so many worries about slowing growth, earnings, geopolitics, and trade, why are we seeing such strength? The Fed’s more dovish comments at the June meeting had a lot to do with pushing markets up. Plus, the economic data—from retail sales to housing—is solid. Things are actually pretty good. What does this mean for the rest of 2019? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.
