This is the monthly WealthProtect System* status update and includes the probability (Low, Mid, High) of a change in status within the next two months.
Once again there were no trade triggers this month. Except for commodities and energy infrastructure equities, the other asset classes are 5%-12% away from a triggering event.
The US economy appears to be on track for a third consecutive 3% growth quarter, which is encouraging. The Federal Reserve on December 13 raised it's short-term lending rate by 0.25% for the third time this year, just as they forecasted a year ago. This should enable savers to garner a bit more income from their savings accounts. On another note, as I write this Congress is on the cusp of passing tax reform, which should help most investors. Finally, as we end the year, don't lose sight that despite a good year in the markets, the median US stock is at its most expensive point in history. Be careful out there.
Thanks for your continued trust and have a blessed Christmas.