Greetings! I hope everyone is having a great start to their summer. The markets have shown continued strength since we elected Donald Trump as our President back in November. The Federal Reserve also raised short term interest rates again, and expects to do so once more later this year.
The economy does appear to be strong right now, but politically things are starting to heat up. Tension with North Korea and Russia continues to grow, and Mr. Trump is consistently finding himself in self-inflicted turmoil.
Despite the political climate, many investors I’ve spoken with recently seem to be “lulled” into a false sense of security. It’s hard to blame them with the stock market marching steadily upward. It’s been so long since our last correction that it’s easy to forget the market can go down, too!