FAS COMMENTARY AND NEWS

Let us start by saying we hope this finds you well and that everyone is staying healthy. First quarter of 2020 was one to remember – or forget, depending how you look at it. The Dow Jones experienced the worst quarterly decline since 1987, falling -23.2%....

U.S. GDP increased at an annual rate of 2.1% in Q4 2019, according to the advance estimate from the US Department of Commerce which was in line with GDP growth from the third quarter of 2019. All in all GDP increased by 2.3% in 2019...

The fourth quarter of 2019 looked drastically different from the fourth quarter of 2018 when the markets experienced a near 20% decline leading up to Christmas Eve. In the last quarter of 2019, markets continued the rally since bottoming out in early October to close...

U.S. GDP growth in the third quarter of 2019 was adjusted upward to 2.1% according to the second estimate released by the Department of Commerce – a slight uptick from the 1.9% growth stated in the estimate released in late October. Revisions to private inventory...

The U.S. economy grew at an annual rate of 1.9% in the third quarter of 2019 according to the advance estimate released by the Department of Commerce. GDP growth, albeit stronger than expected in Q3, has been slowing for two consecutive quarters as we have...