Providing timely updates and perspectives on the economy and financial markets.
Weekly Market & Economic Update | 06.10.19
Markets praised dovish comments by the Fed, but economic data continues to disappoint. Based on current pricing, the bond market anticipates multiple Fed rate cuts; we’re interested to see how corporate earnings will respond.
As we exit the first quarter, a “gap” seems to exist between asset price performance and global economic performance. Our analysis suggests that U.S. economic data has generally softened and the global economy is on a path of a re-synchronized slowdown.
As we look ahead to 2019, prospects for the coming year look a bit less clear than has been the case in recent years.
For the first time in over a decade, the U.S. Congress is working to make major changes to tax-deferred retirement accounts.