Geopolitical Distractions Underscore Value Of Active Management
Global equity markets continued their uneventful grind sideways through much of May until verbal tension between President Trump and North Korean leader Kim Jong Un put their planned mid-June summit at risk. Separately, the Administration proposed a battery of tariffs against longtime European trading partners. The market took a generally negative view on both of these developments, ushering stocks to a weak close in May.
Read the full commentary for economic perspective on US policy and world events, and why current market conditions may appear favorable to active managers.
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