I hope you had a good weekend!
It’s been an interesting week with some mixed developments around the world.
We’ve seen some slowing global growth but we have seen some central banks take action to accommodate that.
The European Central Bank (ECB) has announced a stimulus package which includes a hold on interest rates until 2020, and we’ve seen China announce some tax cuts.
See you next week.
Disclosure: The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. The information provided does not take into account the specific objectives, financial situation or particular needs of any specific person. Diversification does not ensure a profit or protect against a loss in a declining market. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income. Forecasts or projections of investment outcomes in investment plans are estimates only, based upon numerous assumptions about future capital markets returns and economic factors. As estimates, they are imprecise and hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. Investing entails risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. All statements made about slowing global growth and recent stimulative actions taken by the European Central Bank and China were referenced from the same Bloomberg article, “The World Economy Just Had a Rough Week” by Simon Kennedy.