Margin WatchConnected Wealth
Equity markets can be fickle. The fourth quarter of 2018 saw a double-digit correction driven by concerns over how quickly global economic growth was slowing. While partially justified, it appeared to be an overreaction to the downside. Since 2019, we have enjoyed a huge bounce back, partly due to the market being oversold and partly due to the U.S. Federal Reserve back-pedalling the path of monetary policy. This rally was interrupted last week as concerns over the U.S./China trade dispute escalated. The market appeared to be convinced that a deal would be done, but with . . .
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