February – March 2019

U.S. Economic and Market Highlights

The Economy:

  • Investor concerns include: Slowing growth, Geopolitical issues, and Trade and tariff uncertainties.
  • Growth prospects in the Euro Zone received a downbeat assessment from the European Central Bank who downgraded 2019 GDP outlook from 1.7% to 1.1%. The U.S. economy added significantly fewer jobs than average in February due to the government shutdown, while the unemployment rate dropped to an historically low 3.8%. Read more