LGT Navigator: December worst month for US economy since 2009
January 3, 2019
Although the last trading days of December saw a recovery, the month was the worst for the US S&P 500 index since the 2009 financial crisis. This was similar, albeit less accentuated in other markets around the globe. Despite the recent recovery, concerns about future economic and earnings growth still dominate the markets and are globally reflected in recent PMI figures.