Weekly Update:

Good morning!

This week is looking like a darn good week.  Why am I so excited?  To start with, this is the last week of February.  I can feel the warmth of April just around the corner (yes, I am skipping March).  This is great news since we left a polar vortex, and we are now in a bomb cyclone.  I need to become a meteorologist, as I love the creativity of the names.  Think spring.

There is a lot of speculation about the forward trajectory of the economy.   Everything is dependent on data and results, and while there is a lot of positive news, there is almost an equal amount of negative news.  As far as we can see (over the next 12 months), we see a flat yield curve with little change.

The yield curve is still inverted, with the 1-year US Treasury yielding more than the 2, 3, and 5-year US Treasury yields.  This is an inversion, but it is not the “official” inversion of the 3-month US Treasury to the 10-year US Treasury.

Contact your MFA advisor to discuss ways to grow profitability in this volatile market.  All of us at McQueen Financial are dedicated to your long-term success.

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