Q4 2018 Essex Exchange

In trying to put together the outlook for the next few years there are plenty of concerns, which could be called a Wall of Worry, that have contributed to the turbulence in the stock market. The bricks in the wall include:
• The trade/tariff dispute
• The steady increase in interest rates by the Fed
• Loss of confidence in our Government
• A slower rate of earnings growth now that the benefit of the tax rate cut has been
realized
• The growing Federal deficit and how it will be funded
• The Rising Dollar……..

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