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Weekly Market Comment – January 28th 2019

After five weeks of gains, the question heading into the end of January is can the equity market rally continue?  Last week saw the end of the US government shutdown but larger issues lie ahead in the coming weeks such as US Chinese trade talks and the UK parliament voting on what direction it wants “Brexit” to take.  Whilst it feels like the market is being driven by macro events, its important to note the current rally is occurring during earnings season and in general company’s outlooks’ are not as bad as feared, helping the positive sentiment in markets.  

– Niall Dineen

Investment Team Leader