Beaumont Capital Management 1Q 19 Market Commentary
April 23, 2019 at 11:25 AM EDT
By Dave Haviland, Beaumont Capital At the end of 2018, interest rates were heading higher due to a hawkish Federal Reserve (FED); both global trade and manufacturing were slowing as the trade war raged on; and earnings expectations were being revised down. This led investors to conclude that the...