What will December's sell-off mean for US markets in 2019?
Affected by housing market
Stephen Jones, chief investment officer at Kames Capital
Last year saw the US equity market experience its worst Christmas Eve on record, the worst December since 1963 and, with the index down 9.2%, one of the poorest months since World War Two.
Scanning market commentary, blame is attributed to an expected sharp slowdown in the US (and by association) the world economy and/or President Trump's erratic behaviour. Looking at the economics, historically,...
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