Controversy Continues

Investors don’t like the unknown and right now the degree of political drama that’s out there has driven those with money to spend to the sidelines. The firing of FBI Director Comey and the threats N. Korea has directed at the U.S., have created enough tension that the market is staying flat. Initial and Continuing Jobless Claims have hit new lows but April’s Retail Sales with an increase of 0.4% vs. the expected 0.6%. What does this mean? While the economy is still strong, consumer and investors alike are thinking a little harder about how they are spending their money.

Geoffrey Davis – Mortgage Loan Consultant 

NMLS #206192
First United Bank & Trust

D: 214-529-9622

F: 855-239-6079
6401 S. Custer Rd.

McKinney, TX 75070          


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: