Market Volatility Spiked in December
The stock market had the worst December in 2018 since the Great Depression. Even so, the U.S. economy is showing its resiliency with unemployment at its lowest level in 49 years, wage growth reaching levels not seen since 2009, and consumer spending and industrial production remaining strong. Read our recap of the month of December’s market and economic activity. Highlights include:
- Global equity markets end 2018 in negative territory.
- The 10-yr Treasury Bond ended the year at 2.69%.
- U.S. became a net oil exporter in 2018.
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