Monthly Economic Update - June 2019

By: Sterling Wealth Advisors | Published 06/10/2019


Monthly Economic Update

Monthly Economic Update | Presented by Sterling Wealth Advisors | June 2019


Hopes for a quick resolution to the U.S.-China trade dispute faded in May as discussions broke down and rhetoric from both sides turned tough again. The disappointment lingered on Wall Street: the month saw losses for stocks. On Main Street, consumer confidence was strong and inflation tame. Mortgage rates reached year-to-date lows, but the latest data on home sales showed weak spring buying. The price of crude oil fell significantly, and so did the yield on the 10-year Treasury.1

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