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Third Quarter Market Update with Bud Kasper & Dean Barber
LSA has posted the 3Q13 Market update call that Bud and Dean host live for their clients and prospects. This program allows Bud and Dean to communicate with their clients about what is happening in the market place today. Hear … Continue reading
Posted in Economic News, Partner News
Tagged Advisors, LSA, Market, Prospects, Retirement, Update
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Weekly Economic Update
Global investors were relieved when President Obama signed H.R. 2775 into law last Thursday, effectively ending the government shutdown and funding it through Jan. 15, 2014. The law also extends the country’s debt limit through Feb. 7, 2014. Due to … Continue reading
Economic Update
Sadly, the effects of the government shutdown are finally starting to trickle down to our weekly review. Since the federal government is responsible for compiling a fair number of these releases, we have just a few economic data points available … Continue reading
Posted in Economic News
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Hatteras Funds Group
HATTERAS FUNDS GROUP TO BE ACQUIRED BY RCS CAPITAL CORPORATION RCS Capital Increases its Exposure to Alternative Investments with Acquisition of Hatteras, a Boutique Alternative Investment Specialist Existing Hatteras Leadership Team to Remain Autonomous RCAP to Provide Access to Integrated Distribution Platform and Financial … Continue reading
Posted in Fund News
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Weekly Economic Update
(+) The ISM manufacturing index for September was a bit stronger than anticipated, rising from 0.5 points from August, coming in at 56.2 versus an expected 55.0. This is the highest point for the ISM since April 2011. The details … Continue reading
Government Shutdown
Should I worry about the government shutting down (again) or defaulting on its debt? You would think we’d get used to this by now, as many Americans have grown tired of these congressional battles—which they view as petty and unnecessary. … Continue reading
Posted in Economic News
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Weekly Economic Update
(0) The 3rd and final estimate of GDP growth was unchanged from the second estimate of +2.5%, despite consensus assumptions for a slight increase to +2.6%. Inventory investment was revised downward slightly while state/local spending were bumped up a bit, … Continue reading
Weekly Economic Update
The biggest news of the week was the FOMC meeting, press release and news conference, but we won’t rehash our earlier note of the week. Long-story short, the ‘taper’ is postponed for now, and that drove sentiment (up) much more … Continue reading
Fed Update
There hasn’t been this much excitement over a Federal Reserve meeting in quite some time. The FOMC concluded their September event today and all eyes were on the finale of the ‘taper caper’ (yes, I’m afraid I made that up). … Continue reading
Weekly Economic Update
Economic data was being watched perhaps a bit more closely this last week with the Fed meeting upcoming and talk of the ‘taper’ hanging in the balance. (-) Retail sales for August gained a meager +0.2%, which disappointed a bit … Continue reading
Weekly Economic Update
Despite the Labor Day-shortened week, several important releases kicked off the fall market season (traditionally the week where everyone on Wall Street gets ‘back to business’). (+) The ISM manufacturing index for August came in better than expected for August, … Continue reading
Weekly Economic Update
(-) Durable goods orders for July came in weaker than expected, falling -7.3% relative to a consensus forecast decline of -4.0%. Removing transportation from the headline figure, orders fell a much less dramatic -0.6%, but underperformed an expected +0.5% gain … Continue reading
