I’ve not much to say, other than I think that U.S. equities and bonds will continue to outperform the rest of the world markets (especially since the Mueller investigation is now closed, as AG Barr emphatically stated in his testimony before the Senate Judiciary Committee this past week)…that the slow melt-up continues, punctuated, periodically, by episodes of consolidation and minor pullbacks…watch for a strong U.S. dollar to support this. And, I doubt very much if the Fed cuts rates any time soon, as President Trump has suggested…not with the strong economy firing on all cylinders.
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