AIIQ - August 2019 Market Commentary: Mid-Cycle Or Last Stop Before Recession?

Data Source: Bloomberg

Mid-Cycle or Last Stop Before Recession?

Source: istockphoto.com

“Don’t trust everything you see… even salt looks like sugar.” - Anonymous

Taking Inventory Of The Global Macro Landscape – What To Emphasize?

From a seasonal standpoint, August is supposed to be the ‘quiet’ month where much of the market ecosystem goes on vacation. Alas, such was not the case this time around given the number of macro/market eruptions and tit-for-tat trade war tweets between the U.S. and China. We weren’t exactly sure what to highlight this month as the number of disruptions, warning