By Eric Rama and Blaine Nelson
Solid economic conditions in the U.S. persisted in Q1 2018 causing a noticeable rise in long term interest rates. U.S. GDP grew 2.2%, which is a solid reading considering Q1 growth rates have tended to be weak in recent years. These developments were overshadowed, though, by an increase in trade tensions between the U.S. and China. Both nations have since demonstrated a willingness to negotiate and we are optimistic an eventual settlement will be reached.
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