The Federal Open Market Committee Has Voted

on September 18, 2019 |By Tim Doyle | Economics Announcements
What Happened? On September 18th, the Federal Open Market Committee voted to reduce the fed funds target rate by another 25 basis points (.25%). This rate cut was expected, but not guaranteed based on a series of comments made by Fed Chairman, Jerome Powell, over the past several weeks. According to Powell, today’s rate cut was made in an effort to extend the current economic expansion in the United States in light of global economic concerns.  
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Trade Tensions and Market Volatility

on August 27, 2019 |By Jarrod Musick | Economics Announcements
Are we in a trade war, and what does it mean for my investments? Several of our clients have asked us this lately. The short answer - we have an escalating trade disagreement that is problematic for both China and the US.  
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Tariffs & Trade Tensions

on May 21, 2019 |By Tim Doyle | Economics Announcements
On May 10th, trade tensions between the United States and China escalated with the US raising tariffs from 10% to 25% on $200 billion worth of Chinese goods. The current administration is also contemplating tariffs on all Chinese imports ($540 billion). China retaliated by announcing plans to impose tariffs on $60 billion worth of American products.  
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