Upgraded precious metals view to neutral from negative/neutral.
Month: February 2019
We’ve lowered our 2019 forecasts for Fed policy moves, GDP growth, and rates.
The market rally continues, with stocks off to their best year’s start since 1991.
Earnings growth for the fourth quarter is tracking to a solid 17%, above prior estimates but below the pace of the previous three quarters.
Consumer confidence has dropped sharply, primarily from what we see as temporary factors.
January’s reports painted a picture of a solid economy struggling with global uncertainty.
The February client letter discusses positive developments in the economy and markets in January.
Stocks posted their best January in more than 30 years after a historically bad December.
The Federal Reserve (Fed) just delivered a widely expected but important monetary policy decision.