Message from Jon
We are again not that far out of the range of volatility and turmoil as the markets last week declined nearly 2.5%. 1 We are seeing that the earnings season is now behind us, and at this point, we are still engaged in the Trade War Discussion with China and also the FED's approach to either increasing or maintaining the interest rate levels as they are. 2,3
These kinds of headwinds can create a "good is bad" mentality when it comes to economic data, and how wall-street interprets what they see, time will tell.
Our systems have demonstrated increasing merit in the overall health of the market conditions, and as a result, we have taken measures to keep aligned in a moderate manner for clients. In my opinion, it kind of feels like tip-toeing in the front door when you are past your curfew, hoping not to get caught! Sometimes it works, and sometimes it doesn't.
Till we speak again, enjoy this heatwave!
Stocks Dip on Growth Concerns
WEEKLY UPDATE - MARCH 11, 2019