Saturday, April 27, 2019

GDP

Supposedly, Chicago is to get snow in late April? Seems like a joke along with the announcement of 3.2 GDP growth after all the recession fretting during the late fall into early spring... I love this WSJ piece.
The market looked bleak at the end if the calendar year.  I don't recall why. I didn't think it was bad so I socked as much into my 401(k) as possible... My -$1,200 return is currently +$1,750 for a turnaround that has me assessing too much.
I have reallocated most of my domestic index 500 funds towards international funds. The US economy is strong, so there's leverage to negotiate tariffs. I see the tariffs impeding growth outside of the US. I don't see the mood swings ending in the US market until after Trump wins reelection.

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