Aug 16, 2019 7:00:00 AM | LGT Navigator
LGT Navigator: Economic data provide too little new impetus
While the trade conflict continues to dominate events on the capital markets, a large number of US economic and sentiment indicators have provided only minor impetus. Although the data were generally better than expected, it did not really brighten investor sentiment. In addition to the trade dispute, the inverse yield curve in the USA, the tense situation in Hong Kong, the government crisis in Italy and the ongoing Brexit chaos are causing nervousness.