Equity markets continued their slide on Friday as China responded to the tariffs that the United States announced on Wednesday afternoon. As we mentioned in a prior commentary, this would be a very fluid and public situation, playing out in the media. This is contributing to significant investor uncertainty, leading to declines in equity indices.
Commentaries are published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.