Weekly Vantage Point
March 26, 2018–U.S. stocks ended sharply lower last Friday, capping the three main domestic indices with their worst weekly decline in over two years amid uncertainty over a potential trade war with China. Investors were also vexed over by higher borrowing rates which, together with retaliatory trade tariffs, could hinder economic growth.
January 16, 2018-U.S. equity momentum accelerated to new heights entering 2018, with the S&P 500 posting new record-setting highs during eight of the first nine trading days of the year. Quite significantly, the S&P 500 broke its 200-day trend line average by over 11%-a velocity not seen since 2013, which was the best year for stocks in a generation.