Newsletter is now available Download. Economic growth continues to be moderate. The consensus forecast for real GDP (Gross Domestic Product) growth from economists is 2.20% for 2017 and 2.30% for 2018. The impact on GDP growth from hurricanes Harvey and Irma is expected to be temporary and should not alter the direction of the domestic […]
Newsletter is now available Download. Consensus U.S. GDP (Gross Domestic Product) estimates for 2017 and 2018 ticked up slightly during the first 3 – 4 months of the year based on the anticipation for implementation of at least some of the Trump agenda. The most recent estimates have ticked down slightly as healthcare and tax […]
Download PDF Newsletter The April Consumer Price Index (CPI) report released Friday, May 12th demonstrated just how difficult it is for policy makers to accelerate the pace of interest rate increases. While the overall CPI was in line with expectations – +0.2%, the Core CPI (excluding food & energy) showed the weakest year over year […]
Our 2nd Quarter Newsletter is now available. Download Second Quarter 2017 Newsletter The S&P 500 was up 6.1% in the first quarter, led by the technology, health care and consumer discretionary sectors. Energy and Telecom were the laggards. In the broader domestic equity markets, growth stocks generally outperformed value stocks and large company stocks generally […]
Economic forecasting is a difficult business. Accuracy may be hard to achieve but at least capturing the trend is an admirable and valuable goal.
Regardless of individual choice for a specific candidate, it is generally thought that the equity market will be less volatile now that there is certainty in regards to the election.
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Initial reaction to this summer’s surprising decision by voters from the UK to leave the EU initiated a sharp selloff in global equity markets.
How does the recent “BREXIT” vote affect our outlook for the US Economy?
We want to publicly congratulate Barbara Faulkner and the entire TGIF Investors Club on the 20-year milestone they recently passed.