August Market Commentary & Forecast – It’s not a recession, it’s a market correction

Sep 2, 2019

by <a href="" target="_self">Richard Stone</a>

by Richard Stone

Chief Investment Officer, Stone Asset Management.

The global markets had a volatile month in August with mounting concerns about a slowdown in global economic activity. The continued US-China trade fight, coupled with anti-China protests in Hong Kong and plummeting global yields, are forcing investors to de-risk their portfolios of higher risk equity names.

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DISCLAIMER: Estimates and projections contained herein represent the views of the writer and are based on assumptions that the writer believes to be reasonable. This information is given as of the date appearing on this report, and the writer and Foster & Associates Financial Services Inc (“Foster”) assume no obligation to update the information or advise on further developments relating to securities. The material contained herein is for information purposes only. This material is not intended to be relied upon as a forecast, research or investment advice, and is not to be construed as an offer or solicitation for the sale or purchase of securities, or as a recommendation for you to engage in any transaction involving the purchase of any Foster product. Investors should carefully consider the risks of investing in light of their investment objectives, risk tolerance and financial circumstances

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