Markets Looking to Reboot

The Control-Alt-Delete command on computer keyboards was invented by IBM as a way to reboot a computer when it freezes up. There is no simple button that can reset a market or portfolio when markets freeze up like they did in 2018.

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Slower Steam Ahead

“Slow steaming” is a term used in the shipping industry when a ship slows its speed to conserve energy. To adjust its course, a ship can always rely on fuel reserves to reach its next port. Similarly, the Fed continues to conserve its energy by raising rates, while economic growth is strong, to prepare for the next economic slowdown when rate cuts may be required.

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