Category Archives: Economic News

Weekly Economic Update

Economic Update 2-09-2015 It was a relatively busy week for several economic reports, including a lackluster but positive ISM number and an employment report that came in better than expected. U.S. equity markets rebounded strongly higher on the week with … Continue reading

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Chart of the Week: Volatility and the Stock Market

Chart of the Week: Volatility and Stock Returns This chart shows S&P 500 annual average returns relative tovolatility measured by the VIX Index. Currently, the VIX is hovering around a comfortable reading of 18, just shy of its average reading … Continue reading

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Chart of the Week: A Tale of Two Economies

Chart of the Week: A Tale of Two Economies This week’s chart comes straight from the Wall Street Journal that featured the research findings of Barry Cynamon of the St. Louis Fed and Steven Fazzari of Washington University in St. … Continue reading

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Fed Note

Fed Note: The January FOMC meeting ended without incident, and without major change in strategy or language, as expected.  There are four new FOMC voting members this year, but this didn’t change the overall tone (no dissenters this time).  In … Continue reading

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Weekly Economic Update

Economic Update 1-26-2015   A light week in U.S. economic data was dominated by housing numbers, which came in a little better than expected. The bigger news came from Europe, where the ECB announced a large quantitative easing program of … Continue reading

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Chart of the Week: Lowest Deficit in US Since 2007

Chart of the Week: Closing the Gap? A $2 billion surplus capped off a year that ended with the smallest deficit in the US since 2007, which preceded the $800 billion spending stimulus that started the Obama era. During this … Continue reading

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Weekly Economic Update

Economic Update 1-12-2015 The economic news of the week was led by a somewhat disappointing ISM non-manufacturing report early, Fed minutes that were largely as expected and a mixed employment report with stronger payrolls but weaker wage growth. Equity markets … Continue reading

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Chart of the Week: Passive over Active?

Chart of the Week: Risks of Index Investing With the industry buzzing about the shortcomings of active management, it has never been more important to make clients fully aware of the risks of passive investing. This chart shows that, since … Continue reading

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Weekly Economic Update

Economic Update 1-5-2015 The most closely-watched economic releases were the ISM Manufacturing survey and Chicago PMI, which fell from last month and under expectations. Housing/construction data was mixed, while consumer confidence was a bit better. Ending the year, both U.S. … Continue reading

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2015 LSA Market Outlook

2015 LSA Market Outlook:   LSA has posted our 2015 Market Outlook video and presentation: These views represent the opinion of the Asset Allocation Committee and are informed by subjective assessment of the relative attractiveness of asset classes and subclasses … Continue reading

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Chart of the Week: Pre-Election Year Historically Positive

Chart of the Week: Pre-Election Year Historically Positive The chart shows the average trend of the DIJA for each period of the 4 year election cycle from 1897-2011. By far the best year, on average, has been the “pre-election” year, … Continue reading

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Weekly Economic Update

Economic Update 12-29-2014 During the holiday-shortened trading week, we received some upbeat economic news: The Q3 real GDP growth rate was revised up significantly more than expected, consumer confidence reached the highest level in eight years, and seasonally adjusted initial … Continue reading

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