So far 2019 has been a great year for the stock market, despite the recent market volatility. During the month of May equity markets fell 7-10% as trade tensions and fears of a global growth slow down took center stage. The issues that rattled the market in May could resurface and require close attention.

First, the trade dispute with China could escalate as the United States could impose additional tariffs on the remaining Chinese goods that U.S. companies import. An escalation in tariffs creates uncertainty for businesses making it hard to predict the future demand for their products and services. Thus, sustained escalation in tariffs could raise consumer prices and potentially weaken corporate profits.

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Investment Advisory Services are offered through SHP Wealth Management LLC., an SEC registered investment advisor. Insurance sales are offered through SHP Financial, LLC. These are separate entities, Matthew Chapman Peck, CFP®, CIMA®, Derek Louis Gregoire, and Keith Winslow Ellis Jr. are independent licensed insurance agents, and Owners/Partners of an insurance agency, SHP Financial, LLC.. In addition, other supervised persons of SHP Wealth Management, LLC. are independent licensed insurance agents of SHP Financial, LLC. No statements made shall constitute tax, legal or accounting advice. You should consult your own legal or tax professional before investing. Both SHP Wealth Management, LLC. and SHP Financial, LLC. will offer clients advice and/or products from each entity. No client is under any obligation to purchase any insurance product.

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