The first quarter opened with global stock markets rallying. U.S. equities posted the strongest January returns in 30 years, as the S&P 500 climbed 7.9%. This was a continuation of the upturn that began just after Christmas when U.S. Federal Reserve Chairman Powell indicated that the Fed was unlikely to raise rates much if at all in 2019, a reversal from previous stated policy. – click here to read our full quarterly newsletter
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