As Markets Continue Rebound, Investors Should Remain Focused on Risks – Week Ended 2/22/19

US financial markets continued their rebound during the President’s Day shortened trading week ended Friday the 22nd.  The S&P500 added another +0.7% and international markets also responded with the MSCI EAFE improving by +1.6% (now up +9% YTD).  Whereas January was fueled by a softer, more comforting tone by the US Federal Reserve and other foreign central banks, progress in February is being supported by increasing optimism over a trade/tariff resolution being finalized between the US and China.  On that front, talks continue to carry a deal-seeking tone; a stark contrast from the war of words and relentless lobbing of verbal grenades that characterized 2018.

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