Market Update: July 2017

 Investment Advisory Services Market Update June 2017

Bond Market Battles Fed

In June, Fed policymakers lifted the Fed Funds Rate to a range of 1.00-1.25% and projected one more increase this year and three more hikes in 2018. Traders in the market for fed funds futures don’t agree. They see a 57% probability that the Fed lifts rates again in 2017. Read more...

Market Update: June 2017

 Investment Advisory Services Market Update May 2017

GDP Revised Up 

Real Gross Domestic Product (GDP) was revised up more than expected to 1.2% from 0.7%. Economists expected GDP to be revised up to only 0.9%. While GDP remained low compared to the last two quarters, business investment was higher in the 1st quarter. Read more...

Market Update: May 2017

 Investment Advisory Services Market Update May 2017

Personal Spending Slows

For two consecutive months, personal spending has been flat on a month-over-month basis. The story has been similar for retail sales and retail sales excluding auto sales. One positive note is that excluding autos, retail sales picked up in March. Read more...

Market Update: April 2017

 Investment Advisory Services Market Update May 2017

Fed Leading Interest Rates Higher

The Federal Reserve has increased interest rates three times since December 2015 by a total of 75 basis points including two hikes since December 2016. Current and projected employment and inflation data as well as the Fed’s own projections suggest that the Fed will continue to raise rates in the coming months and years. Read more...

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