After a record climb between December and April, the market is cooling off again. May ended up being a bad month for a lot of sectors as the tariffs/trade war rhetoric picked up steam.
Not only is the US now targeting a trade war against China, but also Mexico — thats 2 out of 3 largest trading partners. Of course, investors are rushing to safe havens now, so treasuries & gold are doing well. Following graphic provides a quick overview of market sentiment at the end of May 2019.Continue reading