At the halfway point of 2019, the U.S. economy has held steady…
In a world of rising volatility, will opportunities emerge? When we as investors began 2018, we were tuned into the recent fiscal policy changes that were expected to propel economic activity and financial markets higher in the coming year.
Over the past 8 years, extraordinarily accommodative monetary policy has served as the primary catalyst for spurring continued economic growth in the U.S. and around the globe. Although the economic expansion has delivered steady gross domestic product (GDP) growth, consistent returns for the broad stock market, and an improving job market, the expansion itself hasRead more
Thus far in 2017, an important shift has taken place in this economic cycle. The Federal Reserve has shown increasing trust that the economy has recovered and that market forces can keep it steady. Fiscal policy may now provide the backstop to the economy that monetary policy has provided throughout the expansion. The gauges sayRead more
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