Market Update March 31, 2018

Stokes Capital Advisors, LLC |

Global equity markets got off to a record setting start in January but finished the quarter lower as concerns over a possible trade war with China, rising interest rates and regulatory concerns in large technology companies gave investors reason to pause. The S&P 500 Index slipped fractionally (-0.76%) for the quarter but took investors on a volatile ride falling over 11% from the record high put in on January 26th but managed to find support around the 200-day moving average on February 9th.

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