Economic Advisory April 2, 2018 Jigar Bhakta

Portfolio Performance

Portfolio Highlights NVDA – down on news that Apple will not be using Intel processors in its Macbooks CRM – buys Mulesoft for $6.5B MB – completes acquisition of Booker Software for $150M Mulesoft - software maker Booker – leading business management platform, and owner of Frederick, automated marketing software for wellness businesses

Econ / Market Summary Tech sell-off Fed raised interest rates a quarter of a percent Trade War! Trump reportedly is anxious to regulate Amazon, Facebook privacy violations go further than expected and they don’t vet the clients that they give that information to China announced retaliatory tarriffs on 128 US goods, including pork and fruits

Upcoming Events Jerome Powell gives a speech on the economic outlook: Friday at 1:30pm Middlebury Events… Vanderbilt Business/Finance Boot Camp: Wednesday at 4:30pm in ADK Library Evercore Information Session: Wednesday at 6:30pm in AXN 229 Moelis Information Session: Monday at 6:00pm in AXN 229