The markets have been running up recently, primarily on the back of strong performance from the technology sector. The summer months tend to experience lower levels of trading, so we would expect a bit more volatility during these months. But, there are a few trends we are seeing that define the markets move up:
As mentioned, we would expect the markets to level off and even potentially correct in the next couple months. But, we also feel that any correction in this time frame will give way to higher prices by year end. As such, we’re exploring ways to capitalize on any market weakness in this time frame.
After a three-month reprieve, the markets look as though they have found their footing. Domestic and most international equity markets have moved to new highs. Interest rates have stayed relatively low and this has acted as a catalyst for investors. There are a few things that stand out to us about this market and the global economies:
We are encouraged by what we see in the global economies. For the first time in a long time, the rest of the world seems to be waking up. This type of global improvement could help sustain growth and create a more consistent environment for development.