KEY TAKEAWAYS U.S. stocks have rallied back near all-time highs in an impressive feat of momentum. This momentum could fade as stocks grapple with overbought conditions and mixed signals. Overall, we expect the S&P 500 to move higher after a period of...
STOCKS REBOUND AMID MIXED ECONOMIC SIGNALS U.S. economy sent mixed signals amid uncertainty.Fourth quarter gross domestic product (GDP) rose 2.2% from the prior quarter on an annualized basis,below the initial 2.6% reading reported on February 28.GDP grew 2.9% overall...
KEY TAKEAWAYS We look at what’s priced into stocks following year-to-date strength to help gauge potential impact of surprises and disappointments. When we look at what’s not priced in, we see several possible surprises that could propel the stock market to new highs....
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...
