CIG Asset Management August 2019 Update: Top of the Ninth Inning
The end of July and beginning of August has proven to be very tricky. The S&P 500(1) declined almost 100 points. Bond yields plunged almost 25 basis points. Some of the culprits behind these movements included Federal Reserve Chairman Powell’s “mid-cycle adjustment” comment post the recent rate cut, and Trump’s new tariffs announcement. A number […]
CIG Asset Management July 2019 Update: Central Banks Drive Market Rebound
Reversing their sharp declines from May, global equity markets came roaring back in June as global central banks appeared more accommodative because of subdued inflation, ongoing trade war anxieties and waning economic data. The S&P 500(1) gained 7%, while the MSCI EAFE Net Index(2) of developed international equities and Emerging Markets Net Index(2) were up […]