ECONOMY MIXED ECONOMIC SIGNALS CONTINUE IN MARCH U.S. economic data were mixed in March, although leading indicators signaled low odds of a recession in the coming year [Figure 1]. The Conference Board’s Leading Economic Index, an aggregate of ten leading indicators,...
KEY TAKEAWAYS We expect roughly flat earnings for the first quarter, putting the seven-quarter streak of growth in jeopardy The picture seems quite a bit better when looking beyond the first quarter, which we see as a trough in growth. We expect enough economic growth...
The NCAA Final Four is set. On the men’s side, Auburn, Michigan State, Texas Tech, and Virginia are headed to Minneapolis to determine this year’s college basketball national champion. On the women’s side, UConn and Oregon punched their tickets over the weekend while...
KEY TAKEAWAYS We are readjusting our recommended domestic equity allocations back to market weight. Following the stock market’s recent move higher, coupled with a slightly weaker economic and corporate profit outlook, the risk-reward trade-off in stocks has become...
ECONOMY SOUND ECONOMIC DATA IN FEBRUARY AMID GLOBAL UNCERTAINTY U.S. economic data were sound in February, even as confidence fell amid uncertainty from global trade and political headwinds. The Conference Board’s Leading Economic Index (LEI), an aggregate of ten...
