Due to the political climate we expect volatility in 2019. The US Administration remains in chaos with a partial government shutdown now in effect. Trade disputes continue as Nationalism versus win-win collaboration are the focus.
Mortgage & Finance News
With a trade deal between China and the US and with Democrats taking back the House of Representatives, we expect a more measured approach and a trade deal with China before the end of the year. This is particularly important as global stock markets have grown more sensitive and volatile in recent months. With peak valuations in real estate and stock markets behind us, capital markets are looking for stability from the world’s largest economies.