Markets Climb a Wall of Worry in May

Main content

  • While U.S. markets continue to climb a wall of worry, many fretful investors have missed out as they await the pullback that never truly comes.
  • Recent data suggest the consumer will help rouse the economy from its first quarter sluggishness.
  • Given the impact that tightening would have on already-elevated global risks, we don’t expect a Fed rate hike this summer.
  • Broad, global diversification continues to shield investors from volatile markets, over both the short and long term.

Footer content