[This ETF Industry Perspective is sponsored by Fidelity.]
Recent improvements in China’s economy, continued solid growth in the U.S., low inflation, and a pivot toward more accommodative monetary policy have combined to help boost asset prices so far in 2019. The rebound in stocks suggests some optimism about growth prospects, while the six-month drop in bond yields appears to reflect caution. In this white paper, Fidelity’s Asset Allocation Research team provides an analysis of the Chinese economy, how the Federal Reserve may react to the U.S. and global business cycle developments and the trajectory of U.S.-China trade tensions. LEGAL:
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money. Fidelity Investments Institutional Services Company, Inc.