U.S. Economic and Market Highlights

• U.S. Stock market return in January (via the S&P 500) was up almost 8% (best January since 1987) after being down 9% in December (worst December since 1931).
• Since the start of the new year stock markets continued to be volatile but mostly positive on good news about U.S. employment, continuing trade talks with China, and a wait and see approach by the Fed toward raising interest rates. Read more →

U.S. Economic and Market Highlights

The U.S. Economy:

• Most economic leading indicators continued an upward trend in November, but at a slower pace, following the previous monthly upward revisions.
• Even though rapid growth since the beginning of the year has slowed, economic indicators show a strong likelihood for healthy levels of economic activity in the first half of 2019, while short-term consumer sentiment may suffer due to the federal government shutdown. Read more →

U.S. Economic and Market Highlights

• Stock market volatility has increased in recent months. History shows that it is common for the U.S. stock market to be more volatile leading up to an election. Other factors are concerns about current tariffs, expanding potential for a trade war with China, and the FED’s more aggressive approach to tightening interest rates.
• The result of the mid-term election was that the Democrats took control of the House of Representatives, leading to a split Congress and likely increased political gridlock. In the past, these circumstances have actually helped to improve stock market performance. Read more →