Scheduled update: Fridays after market close.
Trade Hangs Over Markets
May 31, 2019
On May 5, President Trump tweeted he was raising the tariffs on $200 billion of Chinese goods from 10% to 25% and threatened to impose a 25% tariff on an additional $325 billion of Chinese goods “soon.” China quickly responded by raising tariffs on certain U.S. goods by 5% to 25%. This escalation in the trade dispute (now add Mexico!), at a time when global growth is already weakening, sent stocks tumbling (and bonds rising) last month. Read more
Model Portfolio Performance
|Growth and Income||0.27||2.66||11.66||1.83|
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