Market Update

Market Thoughts for June 2019 from Commonwealth Financial Network on Vimeo.

 

It was a tough month, with U.S. and international markets down.  At the same time May's decline could be considered modest, and it was not based on fundamentals.  Instead, it was all about confidence, which was rattled by a reignited trade war with China and proposed tariffs on Mexico.  Still, there was some good news.  Consumer spending picked back up, and job growth remained strong.