Stocks prices have fallen on fears that President Trump won’t deliver on economic growth. As the dollar reaches a four month low against the Japanese yen, Nigel Stephenson takes a look at the global markets for Reuters. The Federal Reserve recently raised interest rates for the third time in ten years, but will that affect your investments? The Schwab Market Pulse discusses five factors that may influence your portfolio’s performance. Another area that may affect investments is the return of the debt ceiling debate. March 15th saw an end to the suspension of the debt limit and now Congress will have to decide whether to suspend it again. The last time Congress couldn’t agree on the issue, in 2011, the S & P 500 dropped 13% before a deal was reached. Michael Townsend of Schwab analyzes the dynamics of the current Congress and offers advice on how to follow the issue.
Trump Tax Cut Doubts Hit Stocks– “Growing doubts U.S. President Donald Trump will be able to deliver on a promise of tax cuts that has powered stocks markets to record highs pushed shares lower,” according to Nigel Stephenson in this Reuters article. “The main factor behind the sell-off in risky assets was doubt that Trump would be able to deliver on his agenda for economic growth, including tax cuts and relaxed regulation, any time soon.” Read more…
Fed Rate Hike: What Does It Mean For Your Portfolio?– Last week the Federal Reserve raised the federal funds rate target for the third time in 10 years. The move was widely expected—the economy has been gaining traction, inflation has picked up and Fed policymakers had suggested in recent weeks that a hike was coming. Now that it has happened, how might it affect your investments? Here are five things to keep in mind. Read more…
Return of the Debt Ceiling: How It Affects Investors– A deal that saw the Treasury’s debt limit suspended for more than a year expired on March 15. At some point in the late summer or early fall, Congress will have to decide whether to raise the limit—also known as the debt ceiling—or suspend it again. Michael Townsend, Vice President, Legislative and Regulatory Affairs for Charles Schwab & Co., Inc., explains the potential impact on financial markets. Read more…
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John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller