June 2019 Review of Markets and Economy
Stocks and bonds rose in June as lower rates drove equities higher and international diplomatic tensions elevated bond price. Read our recap of the month of June. Highlights include:
- The de-escalation of trade tensions between the U.S. and China led to heightened optimism surrounding global economic growth.
- The 10-year Treasury bond yield fell to 2.00% at the end of June for the first time since November 2016.
- The challenge for many retirees now is the fact that we are all living longer, with U.S. life expectancy of 78.7 years as of 2018.
- Identity theft and stolen funds are becoming a growing risk as thieves have devised clever methods of masking IRS communications.
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