July 1, 2018
Weekly Market Outlook
By Keith Schneider
Global stock indexes retreated this week with few exceptions. Surprisingly, two noteworthy winners were Russia, and Mexico. Both, no matter how you look at it, are directly in the crosshairs of the Trump administration. They both improved from bearish to recovery phases.
The declines were led by China and other Asian markets. The big question from looking at the scoreboard is whether the US markets (led by the NASDQ 100 and the Russell 2000) are buoyant enough to stay positive and reverse the global retreat underway. Year to date returns are negative for most equity markets, as the tables highlight.
Have a great week!