Volatility in the markets have returned due to recession fears. Germany, the UK, and China reported weak growth; while the US and Philippines continue to thrive. Although, economic weakness may soon spread to other countries. President Trump delayed a portion of the USD 300B tariffs scheduled to be imposed on Chinese exports to the US on September 1. About $150B will still be levied 10% tariff on September 1 while the remainder will be tariffed on December 16.
Short Term Bond Fund
Invest in a portfolio of short-term securities and money market