ECONOMY: CONSUMERS PROPEL U.S. ECONOMY IN JULY Consumers showed signs of strength in July’s U.S. economic data. Leading indicators fell month over month for the first time in 2019. Still, the Conference Board’s Leading Economic Index (LEI) rose 1.6% year over year in...
KEY TAKEAWAYS Last week’s stock market slide begs the question whether this August will fit its historical pattern of seasonal weakness. With the latest escalation of trade tensions, investors should be prepared for more market volatility this month. Other keys for...
KEY TAKEAWAYS The Fed cut interest rates for the first time in 10 years. Economic data still doesn’t warrant a cut, but U.S. businesses need a confidence boost. This rate cut will likely not be a one-and-done event. Click here to download a PDF of this report. The...
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 parallel can be drawn for the financial markets: Major stock indexes are hovering near record levels,...
