The Economy – Whistling Past the Graveyard
The economy is at a crossroads and this commentary addresses why it’s critical to acknowledge the risks, as well as providing some specifics on how to deal with those uncertainties.
2018 4Q Economic Capital Market Outlook
The U.S. economy is performing extremely well and remains one of the stronger pillars in the global economy. The unemployment rate is near record lows, wage inflation is taking root, and consumer confidence is high.
2018 3Q Economic Capital Market Outlook
The domestic economy is functioning as well as any period since 2007, however we expect economic growth to slow next year. Measured by GDP, we expect the economy grew by a solid 4.0% in the second quarter and is growing at a rate of 2.7% with most sectors performing well.
2018 Economic & Capital Market Summary
We are at an interesting point in this economic and capital market adventure we have been through for almost ten years. We hesitate to use the word “cycle” because that implies that economic activity, measured by the output of our country, and in turn the capital markets, would actually turn down.
Third Quarter 2017 Economic & Capital Market Summary
We live in a democracy that provides freedoms and liberties to its citizens. Linked closely with our democracy is capitalism, the exchange of goods and services for a profit. Since the 1930’s, a consistent hallmark of our form or capitalism has been free markets which have reasonable government regulation to protect market participants.
Second Quarter 2017 Economic & Capital Market Summary
The early optimism that President Trump would be able to reinvigorate domestic economic growth has faded as Congress struggled to pass health care legislation and confusion exists around Trump’s political agenda.
2017 Economic & Capital Market Outlook
Capitalism and democracy work together to power economic growth and sustain our standard of living; capitalism, with all of its faults, is still the best generator of investment and human capital in the world.
Third Quarter 2016 Economic & Capital Market Summary
In order to make sense of what is taking place in our economy, capital markets and even our society, we are working within a paradigm in which we assume that our form of democracy and capitalism is changing at a more rapid pace than before.