Weekly Market Outlook

Geo-Political Stress and a Bear Flag

May 19, 2019

US Equities got hit yet again, led by Grandpa Russell, (IWM) which tanked -2.4% on week. The trade war with China escalated, as did tensions with Iran which sent Oil (USO) up almost +2%. Stocks went into a nasty retreat on a global basis. Not surprisingly,the exceptions were Russia and Switzerland. Looking South of our Border, Brazil got hit the hardest down over -8% for

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