Retire First Newsletter

August 2018 –


Are We There Yet?  by Doug Allan

Trade wars dominate the investment climate as economies around the world struggle
with the new America. US GDP in the 2nd quarter of 2018 broke 4% for the first time in four
years as exports continue to pickup. On the flip side, most other economies around the world
are seeing their economies growth rates contracting. So far most international stock markets,
including Canada, are struggling to stay afloat; while only the USA seems to be moving forward.
The risk of a major credit default in one of these other international economies would
certainly introduce another possible market shock.

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