The US economy grew at an annual rate of 3.2% in the first quarter of 2019 according to the advance estimate from the US Department of Commerce; much higher than expected given the headwinds of weakening consumer demand, lower earnings expectations, and being in the...
Our fourth quarter newsletter from 2018 was titled “Down, But Not Out,” insinuating that while we experienced a significant pullback to end 2018, the markets weren’t particularly ready to throw in the towel and the first quarter of 2019 proved exactly that. After suffering the...
The US economy grew at an annual rate of 2.6% in the fourth quarter of 2018 according to a report released by the US Department of Commerce. This was in line with expectations which we discussed last month of a growth rate between 2.2% and...
Due to the government shutdown, the Department of Commerce has not yet released the estimate for gross domestic product for the fourth quarter of 2018. The latest projections for Q4 GDP growth range anywhere from 2.2% to 3%, which indicates a slight slowdown from Q3...
The markets in 2018 were a far cry from 2017, which had historically low volatility and double digit returns. Instead, last year was a bit of a rollercoaster that ended with a decline for the ages as the markets experienced their worst December since 1931...
Gross domestic product grew at an annual rate of 3.5% in the third quarter of 2018 according to the second estimate released by the US Department of Commerce, unchanged from the advance estimate released in late October. Despite no changes to Q3 GDP growth economists...
Gross domestic product grew at an annual rate of 3.5% in the third quarter of 2018 according to the advance estimate released by the US Department of Commerce marking the first time the US economy has grown above a 3% annual rate for consecutive quarters...
The third quarter of 2018 was another record-breaking quarter on several fronts. Not only did the current bull market become the longest bull market in post-WWII history in late August – 3,453 days and counting – but all three major US indices reached new record...
Inflation has been one of the more popular headlines in economic news throughout 2018. Economists at the start of the year warned of rising inflation and the Federal Reserve made it clear that they intended to increase interest rates no less than two times this...
Gross domestic product grew at an annual rate of 4.1% in the second quarter of 2018 according to the advance estimate released by the US Department of Commerce; the US’s best pace since the third quarter of 2014. Second quarter growth was also the third-best...