Evergreen Gavekal’s Likes/Dislikes for August 16, 2019.
Well, that was an exciting week in the markets! All three major US indexes started down on Monday following renewed global trade concerns and overnight protests in Hong Kong. The slide worsened mid-afternoon as treasury yields continued their tumble. However, Tuesday was a much different story after the U.S. delayed several Chinese tariffs through December. The announcement sent indexes ripping higher across the board.
Evergreen Gavekal’s Likes/Dislikes for August 9, 2019.
Let’s be totally honest with each other, including all of you out there under the “see no bubbles” influence. If you were to sit down and make a list of things that you never would have believed could happen ten years ago, if you included everything that has gone Alice-in-Wonderland, you’d either get writer’s cramp or carpel tunnel. No interest in doing so? Too time-consuming? Too depressing? Too confusing? Another totally — as in, I get it, so please allow me to take a crack at this exercise.
Evergreen Gavekal’s Likes/Dislikes for August 2, 2019.