june 24, 2019
It’s a heady time for the markets. The S&P 500 Index is up 17.61% year to date, and bonds are bounding higher in price and lower in yield. The US economy remains in growth mode, with GDP remaining firmly in the positive. Inflation, which was already subdued, is trending lower. And the Federal Reserve Bank’s Open Market Committee (FOMC) is moving to ease its target range for near-term interest rates.
However, trade tensions remain, and adding to the trade tiff are threats of foreign exchange conflicts by nations to push their currencies down for trade competitiveness. Elections also remain a distant but real threat. The main goal now is to keep income flowing while protecting your growth prospects, and I'll show you how to do just that in your July issue.