Economic Outlook

The Economy Real gross domestic product (GDP) increased at an annual rate of 3.0% in the third quarter of 2017, according to BEA’s “advance” estimate. In the second quarter, real GDP increased by 3.1%. The increase in real GDP in the third quarter reflected positive contributions from personal consumption expenditures (PCE), private inventory investment, nonresidential Read more

The Economy Real gross domestic product (GDP) increased at an annual rate of 2.6% (advanced estimate) in the second quarter of 2017. In the first quarter of 2017, real GDP increased 1.2% (revised). For the first half of 2017, real GDP increased 1.9%. According to the BEA, “The increase in real GDP in the second Read more

After the housing crash and resulting financial crisis, investor attention was focused on the housing market recovery. Now that the crisis is over and housing has recovered, investors are paying less attention to this area of the economy. Because housing is typically the largest purchase most people make, it is important for both homeowners and Read more

The economy continued GDP growth at less than 2% in the first quarter of 2017. Short-term treasuries continued to move up while longer rates moved down, thus continuing a flattening of the yield curve. The jobs picture continued to improve although the economy appears to be getting close to full employment meaning it is getting Read more

The first few weeks of 2016 has been difficult for most investors. The Markets began 2016 by cratering after a volatile second half of 2015. January first through January 13th has been horrible with market declines of (-7.25%) in the Dow, (-9.61%) in the NASDAQ Composite and (-11.4%) in the Russell 1000.   We think the Read more