Institutional Investment & Fiduciary Services - May 7, 2018 Weekly Market Update

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This Weekly Market Update from Gallagher Fiduciary Advisors, LLC revisits key investment headlines from the previous week:

  • April Jobs Report Disappoints: While gains were below many economists’ expectations, unemployment fell to its lowest level since 2001
  • Survey Data Decelerates by Remains Solid: Growth in the U.S. manufacturing and service sectors modestly slowed in April
  • FOMC Holds Rates Steady: the Fed expects two more rate increases in 2018, with a potential increase in June