Federal Reserve

Current US economic expansion now 121 consecutive months

US equities began 2019 with a welcome respite, reversing course from their downward spiral in December 2018.

Trade, inflation, slow growth and yield curve to blame

Headwinds expected into Q2

Rethink of asset allocation decisions needed

Market correction becoming more inevitable

Financial markets became scared at the end of last year that the US Federal Reserve's monetary tightening could precipitate the country's economy into recession.

Maintaining portfolio weightings

Bond investors spent most of last year transitioning towards a more fundamentally driven approach to selecting assets.

US stocks had a turbulent last quarter in 2018 and have been somewhat volatile since the start of this year.