We hope you have had an enjoyable summer! Thus far, temperatures have been at a maximum for much of the country, while typical summer storms have been at a minimum…
A Fed Rate Cut and the Economy | Client Letter | August 1, 2019
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Research
More On Fed Rate Cut Implications | Weekly Market Commentary | July 29, 2019
The Federal Reserve (Fed) is likely to start an easing cycle this week, which has several investment implications…
The Inaugural Rate Cut | Weekly Economic Commentary | July 29, 2019
The Fed has strongly hinted toward a rate cut at this meeting, even prepping investors for this decision with a language shift at its June meeting…
Riding The Wave…For Now | Weekly Market Commentary | July 22, 2019
We are maintaining our year-end fair value S&P 500 target of 3,000 even though the index is very close to that level…
A Consumer-Driven Quarter | Weekly Economic Commentary | July 22, 2019
U.S. economic growth lately has been squarely on consumers’ shoulders. Consumer spending likely added about 2.8% to second quarter gross domestic product (GDP)…
Portfolio Compass | July 19, 2019
Stock valuations remain favorable in our view even with the S&P 500 Index near our year-end fair value target of 3,000…
Market Insight Quarterly | Second Quarter 2019
First quarter gross domestic product (GDP) rose 3.1%, according to the first revision released May 29…
Market Insight Monthly | June 2019
The June jobs report was weaker than expected, fueling worries that trade tensions have infiltrated an otherwise solid U.S. labor market…
Central Bank Check-In | Weekly Economic Commentary | July 15, 2019
Trade tensions and political pressures are forcing global central banks to loosen monetary policy…
Q2 Earnings: Muddling Through | Weekly Market Commentary | July 15, 2019
We expect slightly positive earnings growth in the second quarter, with substantial drag from falling technology sector earnings…