Rosie Combs
The Woo Group RBC Wealth Management Hong Kong USA — Turbulence Ahead?
Monthly Overview — Turbulence Ahead? A late-month rally allowed munis to post positive performance numbers in June, returning 0.09%.Monthly Overview — Turbulence Ahead? A late-month rally allowed munis to post positive performance numbers in June, returning 0.09%. For 2014, performance has been an impressive 6.00%. However, recent monthly returns have been on a declining trend, and we think munis will likely struggle to duplicate the strong H1 2014 performance. Coincidentally, this slowdown in performance comes as the Federal Reserve enters a period where it could be considering how to best communicate its monetary policy…Rosie Combs2 min read