In the December issue of our monthly flagship publication, we feature:On the Record by Chief Investment Officer Tony Roth, where he separates the signal from the noise—the useful from the irrelevant—in assessing the significance of the market’s whipsaw volatility of the last two months, and provides our outlook.
December 7, 2018 – The continued volatility in equity markets along with several other market signals have whipsawed the expectations for another Fed rate hike at their final meeting of the year on December 19. The probability of that hike as measured by fixed income traders in the Fed Funds Futures market has in recent weeks been as high as 80%, but as recently as this past Tuesday, December 4, when the S&P 500 fell 3.
The Wilmington Trust/M&T Bank family joins the nation in mourning the loss of the 41st President of the United States, George Herbert Walker Bush.President Bush guided the nation through a period of sweeping global change—and is most notably remembered for bringing a peaceful end to the Cold War, marked by the fall of the Berlin Wall.
