Deal or no deal?
Last week opened with heightened trade tensions between the United States and its allies. It closed with the United States imposing new tariffs on $50 billion of Chinese goods. The Chinese declared it was the start of a trade war, reported Financial Times.
G whiz!
Never before could the Group of 7 (G7) Summit have been mistaken for reality TV.
If the countries were instruments, last week sounded like a fifth grade garage band.
World markets were buffeted by a clamor of good, bad, and unexpected news last week. Events that captured media and investor attention included:
Too much? Too little? Or just right?
U.S. stock markets were relatively calm, although they finished the week lower. U.S. Treasury yields hit a 7-year high and finished the week above 3 percent. While these were notable, the most remarkable events last week occurred beyond our borders. These include:
Splash!
How do employers lure staff in a tightening labor market? The curly tail grubs and spinnies of the business world are higher wages and better benefits.
What in the world?
A lot happened last week. Some of the notable events included:
A meeting of the minds.
The world is in debt.
Everyone on the team at Texas Legacy Wealth Management is excited to announce that Enzo Pellegrino has once again been recognized by Forbes to be part of the 2018 Best-In-State Wealth Advisors list. As many of you may remember, last fall Enzo was selected for Forbes’ Am
What do you think?
• Are you bullish, bearish, or neutral about the U.S. stock market?
• Are U.S. stocks undervalued, overvalued, or fairly valued?
• What is the biggest threat the U.S. stock market faces this year?
© 2020 Texas Legacy Wealth Management. All rights reserved.
