Investment & Economic Strategy Update: May 22, 2018

May 22, 2018
  • Many Industries are net positive for the year, while Bond market is getting hammered

  • We are cautiously optimistic for the remainder of 2018 & expect 2nd half to show better returns than 1st half

  • Our Recessionary Risk Indicators are slightly heightened – closely watching to determine when it is appropriate to reduce risk & hedge positions

  • Economy is growing; inflation appears tame, employment is strong, wage growth is positive

  • We believe the current administration is taking proper action to grow U.S. economy