Trade policy speculation continued to affect the market this week. As of Thursday, we saw a three-day rise in stock prices (the first three-day rally in a month). But the Dow fell by as much as 400 points on Friday following Trump’s comment about adding $100 billion in tariffs on China.
Investors continue to struggle with the uncertainty brought about by Trump’s “trade war,” even as White House officials made statements trying to calm those concerns this week.
Earnings season and the jobs report##
Investors are beginning to focus on April earnings season. Earnings seasons are periods when publicly traded companies announce their quarterly earnings reports, helping investors see how those companies are performing.
For example, Bank of America Corporation (BAC) and Netflix (NFLX) — two of the 3,619 stocks in the Vanguard Total Stock Market ETF (as of 2-28-18) into which MoneyLion Plus members are invested — are expected to announce quarterly earnings on April 16. In general, strong corporate earnings are forecasted, and profit growth could help stocks rebound.
On Friday, the jobs report came out. Fewer jobs than expected were added, and wage growth was in line with expectations, which may help quiet inflation fears and concerns that the Federal Reserve may hike interest rates more aggressively than originally anticipated.
MoneyLion Plus investment approach
The robo-adviser offered as part of the MoneyLion Plus program invests your Plus portfolio into four highly liquid, low-fee Vanguard ETFs (VTI, VXUS, BND, and BNDX) to provide strategic exposure to stocks and bonds around the globe. “Highly liquid” means that the investment can typically be bought and sold easily at a stable price, because there are always lots of buyers and sellers of these ETFs.
Your diversified investments can help you benefit from short stock market rallies like the one we saw this week while potentially cushioning against stock market volatility (which we also saw this week) to help provide steady growth over the long haul.
MoneyLion Plus keeps getting better and better
In our latest MoneyLion app update, you’ll find newly expanded MoneyLion Plus investment and membership information. Check it out now to learn more about your portfolio and account activity. You’ll discover super-fun new trivia too! 🎉
Not a Plus member?
MoneyLion Plus is a first-of-its-kind membership that gives you a 5.99% APR loan whenever you need it, a guided investment account, and $1 daily cashback. Good credit is not required. Learn more in the MoneyLion app or at moneylion.com/plus and get $10 when you sign up.
MoneyLion Plus general disclosure: MoneyLion Plus membership required. View full terms and conditions here.
MoneyLion Plus investment account: * Not FDIC Insured or Bank Guaranteed * May Lose Value. The guided investment account is subject to risks, including but not limited to the loss of principal. Not bank or FDIC insured. This advertisement should not be construed as a recommendation regarding the suitability of purchasing a particular security or securities in general.