Message from Jon
This week began with very little in the way of economic data and was pretty quiet. The FED speaks Wednesday and will give us more insight into their approach with regard to raising or maintaining the interest rate levels.1
We are still aware of the trade tensions with China. Last word was that they are hopeful but need more time to sort things out. We will have to wait and see.2
Overseas, Brexit is turning out to be a bit of a nightmare in getting any sort of deal ironed out that will pacify parliament and get voted for, keeping in mind that just because a deal gets voted on, it does not automatically allow it to pass by the European Union, so we will have to wait and see on this as well.3
At the moment, we are continuing to align accounts for a moderate level of risk.
Till we speak again, enjoy the late week heatwave!
Dow, S&P, Nasdaq All Rise
WEEKLY UPDATE - MARCH 18, 2019