MARKET PERSEPCTIVE — Global Geopolitics Issues Increase Downside Risk. Global markets had another eventful quarter amid elevated geopolitical uncertainty and a slowing global economy. The stock market’s strong re-bound in June failed to maintain its momentum through the third quarter of 2019 as trade talks between the United States and China devolved and tensions intensified in August before abating by late September, but only after both parties implemented billions of dollars of levies on imports.
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