Weekly Market Comment – January 7th 2019
It’s all set to be an interesting week for Equity markets. After finishing 2018 clouded in negativity and oversold territory, equity markets have started 2019 in positive territory as soothing words from the federal reserve and progress on the US China trade dispute have provided some positive news. Coupled with this positive news flow, was a strong employment report form the US which resulted in US markets rising over 3% last Friday. The coming week will tell whether these developments are enough for markets to mount a sustained rally.
– Niall Dineen
Investment Team Leader