On the latest edition of Market Week in Review, Senior Investment Strategist Paul Eitelman and Head of AIS Business Solutions Sophie Antal Gilbert discussed recent volatility in equity markets, slumping bond yields and the U.S. recession outlook.
Markets sink as Trump announces tariffs on imports from Mexico
Markets were hit by a string of negative news the week of May 27, Eitelman said, dragging the S&P 500® Index down roughly 2.2% on the week, as of mid-morning Pacific time on May 31. First, official Chinese manufacturing Purchasing Managers' Index® ((PMI)) readings for May