Message from Jon
This morning, the Bloomberg TV news cycle was firmly centered on Corporate Debt, Global Economic Slowdown, and last but not least, the Government Shutdown lasting the longest in history and affecting some 800,000 gov't employees.
At the economic summit in Davos, CEO after CEO is warning about the Global Economic Slowdown, but the question is: how much of a slowdown are we going to see?
With regard to all the geopolitical tensions and especially the current gov't slowdown that is unfolding, I received a very interesting chart from a reader and client of ours and thought you may enjoy it as well. It demonstrates the S&P500 performance history by Presidents dating back to Hoover! 1
All you need do is click on each president, and their respective line on the graph appears. The data is eye-opening.
Till we speak again, enjoy your week and stay warm!
The Rally Continues
WEEKLY UPDATE - JANUARY 22, 2019