August 26, 2019
Midyear Economic Outlook: Is it as bad as it seems?
In 2018, almost every major asset class posted disappointing returns as markets priced in an immediate recession that failed to materialize. 2019 began with a “miracle recovery” as equities captured new highs and declining interest rates boosted bonds. In recent weeks, anxiety and volatility have spiked once again amid escalating uncertainties.
Read Nick’s full story at ValueWalk.