Monday Musings: November 18, 2019

Nov 18, 2019


Public Trust Credit Team

Give thanks for nothing new

After several weeks of repeating story lines, there is little investment signal in the news flow this week. The trade war, Brexit, Hong Kong protests, and Presidential impeachment remain unresolved, but there are no meaningful, incremental updates impacting the high-grade fixed income investments. Market participants expect a quiet a week and half leading into the Thanksgiving holiday with a robust new issue calendar (at least compared to the prior year).
All comments and discussion presented are purely based on opinion and assumptions, not fact. These assumptions may or may not be correct based on foreseen and unforeseen events. The information presented should not be used in making any investment decisions. This material is not a recommendation to buy, sell, implement, or change any securities or investment strategy, function, or process. Any financial and/or investment decision should be made only after considerable research, consideration, and involvement with an experienced professional engaged for the specific purpose. Past performance is not an indication of future performance. Any financial and/or investment decision may incur losses.

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