Author Archives: LSAConnect

(0/-) The advance estimate of real GDP for the first quarter came in a bit weaker than expected, at an annualized +2.5%.  It was better than last quarter’s +0.4%, but a bit slower than the +3.0% consensus estimate.  However, some … Continue reading →

Every quarter LSA will post our Break Even Analysis that shows the impact of drawdown in an account.  The term drawdown refers to the peak to bottom drop an investment experiences or in simple terms what was the biggest percentage … Continue reading →

Economic Update: It was a busy economic week—particularly in terms of housing and inflation indicators. (0) The March Consumer Price Index declined -0.2% on a headline level, which was lower than the flat reading expected.  The core CPI, which excludes … Continue reading →

Economic Update (-) Retail sales for March came in weaker than expected, down -0.4% on a ‘headline’ level as opposed to consensus expectations of a flat reading.  The biggest impacts resulted from a -0.6% drop in auto sales and a … Continue reading →

The chart of the week looks at the various quantitative easing programs and how they have impacted the markets.  It also demonstrates that when these programs end investors

It was a downbeat week, at least relative to many so far this year, but we knew there needed to be a pause in the flurry of good news at some point. This did not come as a drastic surprise, … Continue reading →

There has been a lot of talk lately about the bond crisis and the potential for a correction.  J.P. Morgan created a chat that shows how various asset classes historically react in different types of inflationary environments.