KEY TAKEAWAYS The S&P 500 delivered its best first-half performance since 1997, raising questions about what that strong start may mean for the second half. Stocks’ track record after the strongest first-half rallies is mixed but points to modest gains ahead. We...
KEY TAKEAWAYS The June jobs report was unexpectedly strong, especially after a disappointing May Labor market strength could buoy otherwise moderate economic prospects. However, the resilient job market could complicate the Fed’s policy debate. Click here to download...
Happy Birthday, United States of America! As we celebrate our nation’s birthday, U.S. leadership on the world stage remains in focus. We received good news on the global trade front from the recent G20 Summit in Japan. President Trump and China’s President Xi agreed...
KEY TAKEAWAYS We believe the economic and earnings environment will support the potential for additional gains for stocks over the second half of 2019. Better than expected earnings may be a positive stock market catalyst while historical patterns forecast the...
KEY TAKEAWAYS Fundamentals continue to support steady but moderate economic growth. Even if growth slows, the U.S. job market continues to be a bright spot. Productivity growth is the key to sustaining a virtuous cycle. Progress on trade is central to our growth...
