April 2018 - Bongiorno Financial Update

What's in this issue?

• Worries about the Fed, trade wars (the risk of which has been significantly exaggerated) and President Trump generally have increased the risk around the global outlook but are unlikely to drive a major bear market.
• The key issue is whether the US is about to enter a recession and our assessment remains that a US recession is not imminent.
• The key for investors is to turn down the noise during times like the present and stick to a long-term strategy.

We hope you enjoy this issue.

Kind regards,
ANTOINETTE BONGIORNO
LL.B. B.Com. CFP DipFP A.S.A.

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