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Weekly Market Comment – May 13th 2019

Equity markets are showing signs of weakness for the first time this year with global equities falling almost 3% last week.  The catalyst for this has been a breakdown in trade talks between the US and China.  Whilst this has been the catalyst, it shouldn’t be a surprise to see some sell off given the strength of equity markets this year.  One has to remember that that equities don’t go up in a straight line and in the majority of years, equity markets experience a 10%+ correction and therefore it wouldn’t be a surprise if markets weakened further.

 

– Niall Dineen

Chief Investment Officer