Global markets make grim start to the week

Global markets make grim start to the week

Excerpt from CNN.com article featuring Horizon Investments’ Greg Valliere

Markets around the world were awash in red on Monday as global uncertainty spooked nervous investors.

Investors are looking ahead to a policy announcement later this week from the U.S. Federal Reserve, which could hike interest rates. The Bank of Japan is also due for a policy announcement mid-week.

On top of that, there is the looming possibility of turmoil in Europe next week if the U.K. votes to leave the European Union.

“A major reason why investors have sought a safe haven in fixed income is the potential earthquake in the U.K. on June 23,” wrote investment strategist Greg Valliere of Horizon Investments in his Monday morning note.

Click to read full article

Share on twitter
Share on linkedin
Share on facebook
Share on email
Horizon Investments

Connect product to planning with the Horizon technology suite. Goals-based strategies, cutting edge software.

Explore mutual funds managed by Horizon Investments.

You are now leaving this website to go to HorizonMutualFunds.com