Economic & Market Perspectives: Half Full or Half Empty?

Much of the extreme gloom of August has evaporated, and the market is once again seeing a "half-full" world.

To view this email as a web page, click here. Economic & Market Perspectives September 2019 Half Full or Half Empty? Matthew Peron, Chief Investment Officer Paul Single, Managing Director, Senior Portfolio Manager Steven Denike, Portfolio Strategy Analyst Much of the extreme gloom of August has evaporated, and the market is once again seeing a "half-full" world. The saw-tooth pattern we've seen this year is typical of a late-cycle environment where uncertainty surrounding policy and mixed messages about the expansion's sustainability cause market sentiment to swing strongly between pessimism and optimism. Read more on CNR.com » Follow Us Investment management services provided by City National Bank through its wholly-owned subsidiary City National Rochdale, LLC, a registered investment advisor. Any opinions, projections, forecasts, and forward-looking statements presented herein are valid as of the date of this document and are subject to change. Bonds and bond funds are subject to interest rate risks and will decline in value as interest rates rise. This risk is heightened with investments in longer duration fixed-income securities and during periods when prevailing interest rates are low or negative. All investing is subject to risk, including the possible loss of the money you invest. Past performance is no guarantee of future results. Investment Products are: • not insured by the FDIC. • not a deposit or other obligation of, or guaranteed by, the bank. • subject to investment risks, including possible loss of the principal amount invested. Unsubscribe from this list  |  Update email preferences This message has been sent to bank@banking.offers.report. Please do not reply to this email. To ensure the delivery of future emails, please add email@emails.cnb.com to your email address book or safe sender list. Copyright © 2019 City National Bank – All Rights Reserved. 555 South Flower Street, 17th Floor, Los Angeles, CA 90071 City National Bank is a subsidiary of Royal Bank of Canada. TERMS & CONDITIONS  |  PRIVACY STATEMENT NMLSR ID# 536994 | City National Bank Member FDIC