Bloomberg
By Vildana Hajdric and Claire Ballentine, November 26, 2019
Our Chief Economist, Jeanette Garretty, shares her insight on volatility in the current market.
U.S. equities climbed to all-time highs after President Donald Trump said he’s been talking to Chinese President Xi Jinping and that they continue to work for a trade deal. Treasuries and the dollar rose.
Trade “is on everybody’s mind,” said Jeanette Garretty, managing director and principal of Robertson Stephens Wealth Management in San Francisco. “The equity markets on any given day are happy to look at the talks and be happy about things but it sets up some volatility.”
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