Looking ahead it's not so great

  • Outlook for economy is a mixed picture
  • Looking ahead there are a number of crosscurrents leading to slower growth
  • We are seeing a pullback in international trade
  • Lots of uncertainties and risks ahead
  • Part of the yield curve inversion is due to monetary policy actions by other global central banks, we should be careful in drawing conclusions

Is a dovish Fed going to save the day?