Quarter Ends Well Despite Trade War, Inverted Yield Curve & Political Crisis
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Published Friday, September 27, 2019 at: 7:00 AM EDT
Despite frightful financial news, the third quarter of 2019 ended with American stocks just 1.5% off its all-time high on July 26th.
Over the last 12 months, which includes a -19.8% bear market loss last Christmas, the Standard & Poor's returned +2.1% in value.
Year to date, the S&P 500 returned 19%, despite rising fears over the: U.S. political crisis trade confrontation with China inversion of the yield curve growing chorus of recession predictions
This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation. Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.
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