January 4, 2019 – The past year has no doubt been challenging for investors in light of the difficulty of assessing political risks, conflicting economic signals, and swift reversals in equity market sentiment. Like many investors, we were caught off guard by the violent market correction in the fourth quarter—a drop of almost 20% between
December 21, 2018 – The UK is scheduled to exit the EU on March 29, 2019. During the two years since the original UK withdrawal notification, businesses have been preparing for two scenarios: either a negotiated transition to a future free trade agreement or a disorderly departure. Until mid-November, given the troublesome issue of the
December 20, 2018 – The Federal Open Market Committee (FOMC) hiked the target Fed Funds rate as expected yesterday by 25 basis points from 2.25% to 2.50%. The statement and press conference suggested that the outlook for the U.S. economy was one of decelerating but still solid growth, underscored by labor market tightness. However, it
