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October/Q3 Economic Commentary

does ivermectin treat heartworms in dogs Sofia Recap: U.S. economic growth remained unspectacular, expanding a mere 1.4 percent in Q2, year over year. A strong U.S. consumer has been driving what little growth did exist. Although the U.S. outperformed many advanced economies, output remained well below its long-term average, even as the labor market was close to full employment. Personal consumption increased [...]

By |2016-11-02T17:59:24+00:00October 27th, 2016|Uncategorized|0 Comments

September 2016 Commentary

Recap: A divide at the heart of the U.S. economy - consumers ramped up spending while businesses pulled back - left overall economic growth stuck in the 1% range. Household outlays surged this spring at their strongest pace in a year and a half, but business investment declined for the third straight quarter. The [...]

By |2016-11-02T17:59:24+00:00September 26th, 2016|Uncategorized|0 Comments

December 2015 Market Commentary

Recap: Gross domestic product rose at a 2.1% seasonally adjusted annual rate in the July-to-September period, up from an initial estimate of 1.5% growth.  The revision was largely due to a smaller drag from private inventories as companies did not let their stockpiles dwindle as much as initially estimated. The upward revision to economic growth [...]

By |2016-11-02T17:59:24+00:00December 15th, 2015|Uncategorized|0 Comments

September and October 2015 Market Commentary

Recap: The U.S. economy offered varied evidence of underlying strength in late August during a period of wild swings in global stock prices and anxiety over signs of an economic slowdown in China. Gross Domestic Product (GDP) expanded at a 3.7% seasonally adjusted annual rate during the second quarter. Other recent reports showed gains in [...]

By |2016-11-02T17:59:24+00:00November 4th, 2015|Uncategorized|0 Comments