by Dan Zalipski, CFA & Scott Rosenquist, CFA
The U.S. equity markets moved higher over the past month. They found support in economic reports on expanding manufacturing and service sector activity, strong retail sales, and a positive employment report. Fixed income trimmed their year-to-date losses as investors sought out safety from trade related headline risk. International markets continue to struggle this year as trade-related concerns and a stronger dollar continue to weigh on the space. The trade issue has also spilled over in to commodities, which have suffered a recent price collapse as fears of a global slowdown continue to build.