Negative Narratives Dominate US Equities
The S&P 500 dropped sharply after the Fed’s FOMC meeting on July 31st. Those who invested on January 26th, 2018 in the S&P 500 did not have any price gains in their account on August 7th, 2019. US equities were in a volatile sideways trend for the past 18 months. Fundamentals deteriorated during that time. …