Category Archives: Economic News

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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Weekly Economic Update

Economic Update 12-22-2014 Last week’s domestic economic data were mixed.  Good news came from the stronger industrial production report in November and lower than expected jobless claims. Disappointing news came from December’s Empire manufacturing report, slightly worse than expected housing … Continue reading

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Fed Update

Fed Update:   The FOMC finished their final meeting of the year today, and offered no substantive changes now that the taper has already completed and there isn’t much to tweak—other than raise interest rates, which they didn’t do (no … Continue reading

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Chart(s) of the Week: The Currency Crisis in Russia

Chart(s) of the Week: Currency Collapse in Russia   Due to plummeting oil prices and economic sanctions, the Russian ruble has lost about half its value to the dollar this year, losing about a quarter of that in the last … Continue reading

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Weekly Economic Update

Economic Update 12-15-2014 The economic releases were focused on retail sales (which came in as a slight positive surprise), and several sentiment surveys, which also came in more positively than expected. However, oil prices were the most closely watched and … Continue reading

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Chart of the Week: Is the Decline in Oil Prices Renewing Deflationary Concerns?

Chart of the Week: Is the Decline in Oil Prices Renewing Deflationary Concerns? As oil prices continue their near 40% decline over the past few months and the global economy remains weak, inflationary expectations are beginning to experience their biggest … Continue reading

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