MONTHLY NEWSLETTER 12.6.19
MONTHLY MARKET RECAP & TOP PERFORMING STOCKS
Slow boat to China. While the saber rattling and tariffs escalations of the US – China trade war have largely subsided, the two nations are still not in agreement on negotiations of President Trump’s “phase one” trade deal. Tariffs are scheduled to increase on December 15th unless a deal is reached or the deadline is pushed back.
Should we be worried? Asking for a friend. While central bank easing continues to be a crucial factor in market returns this year, the major central banks around the world are playing coy about their future policy rate plans. Only the Bank of England held a meeting last month, and it made no adjustment to its policy rate.
S&P 500, for the win. Equities continued their rally last month – something that’s been standard fare throughout 2019, despite the ongoing geopolitical turbulence. Developed market equities outperformed emerging market equities, as the S&P 500 ended the month as the best performing major equity index.
TOP PERFORMING STOCKS OVER THE LAST MONTH (AS OF 11/20) QGEN +43.10%
SNC-LAVALIN GROUP +39.49%
LAST MONTH'S TOP FIVE FINANCIAL GOOGLE SEARCHES
THREE FINANCIAL ARTICLES WE LOVE FROM THE LAST MONTH:
THINGS WE'RE INTO
WINE OF THE MONTH: 015 Fait-Main “Teeter Totter” Cabernet Sauvignon, $64.97
BOOK OF THE MONTH: Narrative Economics by Robert J. Shiller (get it on Amazon)
PODCAST OF THE MONTH: Against the Rules with Michael Lewis
Who has been the only bachelor president of the United States?
Which country was formerly known as Abyssinia?
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ONE GOOD THING
Walt Disney’s legacy remains unprecedented in how he brought his dreams to life by building the world’s iconic fantasy empire. But to reach the apex of creative genius, Disney actually viewed all of his ideas through three diﬀerent lenses. Read more about his approach in this month’s one good thing.
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