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| Your Weekly Update Is Now Online | Sep 21, 2018 |
Dear Sheryl, This week, the broader indices trended higher as Wall Street became more optimistic about the ongoing trade spat between the U.S. and China. Earlier in the week, technology stocks across the board pulled back on trade war jitters, but they made a strong recovery later in the week. While investors can’t seem to make up their mind about the trade drama, I’m not worried. In fact, I view any near-term dips in our technology stocks to be buying opportunities. The fact is that the U.S. economy is still going strong. We remain in a “Goldilocks” environment where the economy is not too hot, nor too cold. This has big implications for next week’s Federal Open Market Committee (FOMC) meeting. The financial markets will watch this meeting closely, because this is when the Fed will decide whether or not to raise benchmark interest rates. For years, the stock market has prospered in the low interest rate environment. In your Weekly Update, I’ll offer my predictions for next week’s potentially market moving event. I’ll also explain what we’re doing to prepare the Growth Investor Buy Lists. To get caught up on this, and the latest company news, head over to the Growth Investor website now.
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