Tech stocks have dropped more than most as the market reacts to a possible trade war. What’s next?Liz Ann Sonders, Jeffrey Kleintop and Mark Riepe explain why investors need to revisit their risk tolerance. It’s midyear and the market’s positive momentum is slowing. Jeffrey Kleintop offers his guidance on portfolio re-balancing based on Schwab’s global outlook. If you live in Georgia and want to save on taxes through the rural hospital tax credit program, you need to act quickly. The deadline is this week.

Trade Fears Weigh On Stocks – Ongoing trade skirmishes have weighed on the stock market in recent sessions—particularly technology stocks—as investors worry about the possibility of a global trade war.  “As we highlighted in our 2018 outlook, the risk of a trade war remains one of the most significant risks for U.S. and global stock markets,” says Liz Ann Sonders, Schwab’s chief investment strategist. “Since the trade skirmish erupted on March 1, U.S. stocks have been outperforming developed international and emerging market stocks, but bouts of volatility are likely to persist.”  Read more…

2018 Global Mid-Year Outlook: From Sugar High To High Tariffs? –  In Schwab’s 2018 global outlook, Jeffrey Kleintop says the top takeaway is “the increasing risk of a recession and bear market beyond 2018 make portfolio re-balancing important.” This continues to be an important action for investors to consider mid-way through the year as trade risks mount and growth momentum slows.  Read more…

Georgia Rural Hospital Tax Credit Deadline This Week –  It’s important to apply for this credit this week because we anticipate that the statewide limit will be reached on July 1.  Apply at https://www.georgiaheart.org/. The site provides answers to frequently asked questions about the program.  Read more…

 

John R. Day, Bill Ennis, Stephanie Hall and Matt Heller

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