AUTHOR: TOWNE SCHERER.COM/BLOG6/13/2019: TowneScherer Private Wealth Management BLOG:
Last Minute Tariff Agreement
‘A last minute tariff agreement’ between the U.S. and Mexico has alleviated trade issues with Mexico, states CNBC 6/11/2019. Further, China is getting absolutely decimated by companies that are leaving China because they don’t want to pay the tariffs, reports the 6/11/2019 CNBC article on comments by President Trump.
China Tariff Delays and….Rate Cuts?
The Dow tops 26,000 on the delay of China tariffs and the possibility of rate cuts by the Federal Reserve, reports FOXBUSINESS 6/7/2019. Apparently, the May jobs report of only 75,000 jobs being added is what is putting pressure on the Fed to reduce rates.
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.