One word to describe the current market environment is uneasy. There are a lot of uncertainties about U.S. and China trade, economic growth, and the direction of Fed interest rates. All of those issues are intertwined and impacting the economy and markets. Almost lost in the noise this week is the Mueller investigation which also hangs in the air. And that looks like it will soon move to the forefront. But the nation took a pause from the headlines mid-week to remember President George H.W. Bush.
Thank you for taking a few minutes of your time to read and share The Friday Buzz.
- Few Think a Recession is Near: Despite all the volatility and slowing growth, few economists or market watchers feel we are on the precipice of a recession. The consensus seems to be that the economy is slowing from high growth to a much lower level of growth, but not recession.