ECONOMY MIXED ECONOMIC SIGNALS CONTINUE IN MARCH U.S. economic data were mixed in March, although leading indicators signaled low odds of a recession in the coming year [Figure 1]. The Conference Board’s Leading Economic Index, an aggregate of ten leading indicators,...
KEY TAKEAWAYS The U.S. economy has suffered from seasonal first-quarter weakness recently. Seasons change, and growth typically rebounds as the year progresses Leading indicators in jobs, manufacturing, and markets suggest economic acceleration. Click here to download...
KEY TAKEAWAYS We expect roughly flat earnings for the first quarter, putting the seven-quarter streak of growth in jeopardy The picture seems quite a bit better when looking beyond the first quarter, which we see as a trough in growth. We expect enough economic growth...
April brings showers, baseball, and historically, the best month of the year for the S&P 500 Index (for the last 20 years). On top of that, the S&P 500 had its best first quarter since 1998, and in March we celebrated the 10-year anniversary of the current...
KEY TAKEAWAYS We’ve picked our Final Four, or factors, to watch in this leg of the economic expansion. The Fed’s patience is appropriate in guiding the U.S. economy through late-cycle volatility A rebound in global conditions, capital expenditures, and sentiment may...
