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    Time for a Pause?

    After the January/February market rebound, we see gains harder to come by for US markets. Prospects are somewhat better overseas, but not good enough on a risk reward basis to expand our commitment at this time. The slowing growth we alluded to above is manifest in the Gross Domestic Products data. For 2018, GDP growth was approximately 3%, a level not seen since 2005. But the first estimate of 4th Quarter GDP was +2.6%. As a standalone number, that number is not bad. It’

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