Chart of the Month
Equities have tended to do well leading up to Fed rate cuts because the market anticipates the rate cuts. After the initial rate cut, however, equity performance has been mixed.
Rate cut time periods: 1995: 6 Jan 1994 – 6 Jan 1997; 1998: 29 Mar 1997 – 29 Mar 2000; 2001: 29 Jul 1999 – 29 Jul 2002; 2007: 18 Mar 2006 – 18 Mar 2009 | Past performance is not a guarantee of future results. Indices are unmanaged and not available for direct investment. | Sources: Federal Reserve, Bloomberg, Wellington Management
Stat of the Month
Source: Marketwatch.com, 7/31/19
Global Investment Strategy
from Nanette Abuhoff Jacobson
Today's economic and political climates have left advisors and clients with many questions. Here's a look at the toughest of those questions with insight that helps make sense of it all.