Gross domestic product (GDP) grew 1.9% in the third quarter, its slowest pace of growth since the fourth quarter of 2018.
Market Insight Monthly | October 2019
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Research
A Tale of Two Economies | Weekly Market Commentary | November 11, 2019
Consumer spending has powered the U.S. economy this year as businesses curb investments, waiting for trade and geopolitical uncertainty to fade.
Reaching New Highs | Client Letter | November 7, 2019
Turning the calendar from October to November brought more than trick-or-treaters, pumpkins, and leaves to rake…
Best Six Months of the Year | Weekly Market Commentary | November 4, 2019
The S&P 500 Index reached a fresh new high October 28, eclipsing the previous high of 3,025 set July 26, 2019…
Market Tricks and Treats | Weekly Market Commentary | October 28, 2019
The stock market has been hovering near record highs despite an assortment of economic and geopolitical risks…
Seasonal (Tail)winds | Weekly Market Commentary | October 21, 2019
The stock market has started October on a bumpy path. Many global issues remain unresolved, but seasonal forces, sound fundamentals, and breakthroughs on the trade…
Market Insight Quarterly | Third Quarter 2019
Consumer spending added 3 percentage points to overall growth, while trade and inventories were a 1.6 percentage point drag. Business spending was still a slight drag on growth…
Earnings May See Better Days Ahead | Weekly Market Commentary | October 14, 2019
Corporate America is unlikely to deliver much, if any, earnings growth in the third quarter. However, we think better days lie ahead…
Market Insight Monthly | September 2019
The Conference Board’s Leading Economic Index (LEI) was unchanged month over month in August after a strong July gain…
Policy Uncertainty Intensifies | Weekly Market Commentary | October 7, 2019
Geopolitical matters have complicated the tug-of-war between fiscal and monetary policies and contributed to investor concerns about increased policy uncertainty.