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DiMeo Schneider & Associates

Investment Manager Research

In Focus: Christmas Comes Early for Risk Markets

December 16, 2019

Investors woke up to positive news on Friday morning with United Kingdom Prime Minister Boris Johnson’s Conservative party winning a commanding majority in the Parliamentary election. Across the pond, there were more positive headlines with phase one of the U.S.-China trade deal seemingly near the finish line. The increased clarity that these developments provided drove a risk-on trade pushing equity markets to new highs. While less uncertainty should broadly support markets in the short-term, there are still reservations to longer-term implications of both developments.

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