I hope this monthly newsletter finds you in good times. This was an interesting month, we celebrated Mother’s Day, Memorial Day, and we had a lot of volatility in the stock market.
Much of the volatility in the stock market was driven by trade talks with China. As of right now both countries have not been able to come to terms on a good deal. President Trump’s response to ongoing negotiations and no deal was to put more tariffs on Chinese imports.
The Dow Jones started the year at 23,058. The Dow closed the month of May at 24,815. That is a gain of 7.62%. The U.S. Economy is continuing to advance forward and posted GDP growth at 3.2% for the first quarter. Unemployment is at 3.2% this is as of April 2019.
Overall, the economy looks very healthy and the stock market is doing well. I think volatility will continue as trade talks with China remain uncertain.
Let’s take time to review the state of your current financial strategy, talk about your goals, both short and long term, and make sure you are on target to hit them. I can also provide you with financial health tips that can help keep your strategy on track as economic and market conditions evolve and change.
Please feel free to share these articles with your family and friends. They are excellent conversation starters.
This month’s articles are the following:
- Article 1:S. Tax Reform: Six Key Takeaways
- Article 2: The Best Opportunity Among California Utilities
- Article 3: An Improving Narrative- (April 2019 Jurrien Timmer Commentary) White Paper
This is Matthew Greiner.
We are going to close out with a quote from Paramahansa Yogananda, he said,
“Let my soul smile through my heart and my heart smile through my eyes, that I may scatter rich smiles in sad hearts.”
We hope you liked the new monthly newsletter.
From all of us here at the Greiner Group,
“Have a good Spring weekend!”