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Weekly Market Comment – September 9th 2019

It was a second consecutive week of solid stock market gains as optimism has started to grow about a U.S/Chinese trade dispute resolution. Volumes picked up as many investors returned from their holidays and the VIX Index, which measures volatility, fell back to its lowest level since July. News that the Hong Kong’s leadership had formally withdrawn the extradition proposal also helped sentiment as did the passage of a bill in the UK Parliament calling for an extension of Brexit.

 

-Derek Heffernan