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Bloomberg and Kevin Miller: Markets Wrap

May 24, 2019

U.S. Stocks Bounce Back on Latest Trade-War Moves: Markets Wrap

U.S. stocks rebounded on Tuesday as the trade-war driven back-and-forth that has dominated markets this month showed few signs of abating. Treasuries slipped while the dollar gained.

“There’s two things that drive the market — emotion and fundamentals,” Kevin Miller, chief executive officer of Minnesota-based E-Valuator Funds, said in an interview at Bloomberg’s New York headquarters. “Uncertainty is obviously something the markets do not like, but from a fundamental perspective, the markets are still really strong.”

 

Click here to read:  https://www.bloomberg.com/news/articles/2019-05-20/asia-stocks-to-drop-on-tech-sell-off-dollar-falls-markets-wrap

 

 

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RISK: There are risks involved with investing, including loss of principal. Current and future portfolio holdings are subject to risks as well. Diversification may not protect against market risk. There is no assurance the goals of the strategies discussed will be met. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from difference in generally accepted accounting in principles or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Bonds and bond funds will decrease in value as interest rates rise. These and other risks are described more fully in the fund’s prospectus. CREDIT RISK: The issuer of a fixed income security may not be able to make interest and principal payments when due. The lower the credit rating of a security, the greater the risk of default on its obligation.

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