Author Archives: LSAConnect

Economic Update 12-21-2020 Economic data for the week included declines in retail sales, industrial production, as well as in several regional manufacturing indexes. Jobless claims also ticked higher along with rising virus counts nationally. Global equity markets rose last week, … Continue reading →

Fed Note: The Federal Reserve made no policy changes at today’s meeting, as expected, keeping the fed funds rate at the zero bound of 0.00-0.25%. There were no dissents from committee members. The dollar swap lines and repurchase facility were … Continue reading →

As 2020 winds down, the election nearing completion and a vaccine for COVID-19 around the corner, LSA will be implementing revisions to the following portfolios: Private Client L100k, Socially Responsible, American Funds, Fidelity, Vanguard and all of the VA models.  … Continue reading →

Economic Update 12-07-2020 Economic data for the week included slightly weaker ISM manufacturing and services, although the underlying metrics continued to show expansion. The employment situation report for November showed a significant slowing of job growth compared to the recovery … Continue reading →

Economic Update 11-30-2020 In a shortened holiday week, economic data included stronger housing prices but a decline in sales, mixed personal income/spending results, and lower consumer sentiment as Covid cases again pick up. U.S. and foreign equity markets both experienced … Continue reading →

Economic Update 11-23-2020 Economic data for the week included increases in retail sales, industrial production, and several housing metrics; a pair of regional manufacturing indexes decelerated but remained solidly in expansion. World equity markets moved in different directions last week, … Continue reading →

Economic Update 11-16-2020 In a light week for economic data, releases included slight increases in producer and consumer prices, slow improvements for labor, and weaker consumer sentiment. Global equity markets rallied strongly upon the more solidified U.S. election results from … Continue reading →

Fed Note: The Federal Reserve Open Market Committee took no action at their early November meeting, keeping policy unchanged (fed funds rate at 0.00-0.25%), with ongoing stimulative bond purchases and liquidity facilities staying in place to combat the negative economic … Continue reading →

Fed Note: The Federal Reserve Open Market Committee took no action at their early November meeting, keeping policy unchanged (fed funds rate at 0.00-0.25%), with ongoing stimulative bond purchases and liquidity facilities staying in place to combat the negative economic … Continue reading →