1. Economic Advisory
April 2, 2018
Jigar Bhakta

2. Portfolio Performance

3. 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

4. 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

5. 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