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Market Update: One Hand Washes the Other

With the Federal Reserve cutting rates on the one hand, and the U.S. China trade escalations on the other, we’ve seen volatility across all asset classes this week, coming to a head on Monday August 5 as China devalued its currency. Chief Investment Officer, Chris Hyzy, offers insights on what to watch for in the coming weeks regarding tariffs, inflation, the Fed and our outlook on the economy in the remainder of 2019.

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Asset allocation, diversification, and rebalancing do not ensure a profit or protect against loss in broadly declining markets. 

Past performance is no guarantee of future results.

Merrill, Bank of America, their affiliates, and advisors do not provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

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