Fed Speak

The Fed was a bit hawkish there was a nice reaction in terms of the announcement and how that was phrased. There was a cautiousness while they upgraded the assessments overall they only raised there projections moderately. So I think what your seeing on that inflation and Fed front really is some reaction just to the fact that their is recognition that the economy is stronger. On the trade-wars its very similar while there definitely a lot of fears going on. What really is going to actually happens depends upon details going forward.Thank you,John C. Verducci 111