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RGWM Market Thoughts – May 31, 2019

The month of May saw a stark reversal of the upward trend in the markets we have seen year to date.  While the market remains up over 10% YTD, the S&P 500 is 6% lower than the all-time high reached in April. In our previous newsletter we outlined the incentives in place that made the reaching of a trade agreement

RGWM Market Thoughts – May 10, 2019

On Sunday, President Trump sent an afternoon tweet that the current 10% tariffs on $200 billion worth of Chinese goods will rise 25% on this Friday; he also threatened to place another 25% on an additional $325 billion of Chinese goods “shortly”. As one would expect, the stock market did not act kindly to this news. Monday saw the market

Federal Reserve and Market Notes

On Wednesday the Federal Reserve announced that they would not be adjusting the federal funds rate following their latest meeting.  While the market initially responded to the announcement with a rally due to the prospect of stable rates being constructive for stocks, there was a tone of pessimism from the Federal Open Market Committee (FOMC) that caused the market to

RGWM Market Thoughts – January 30, 2019

January Recap and Portfolio Changes At the time of our last newsletter we were in the midst of a pronounced selloff in the market.  In that newsletter we covered some of the forces that were driving the sellers and pushing the buyers away. We have seen some of these forces dissipate in tandem with the market’s climb over the last

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