The S&P 500’s new record high set last week ended a more than 7-month drought without one.
Month: April 2019
First quarter GDP growth was surprisingly strong.
U.S. stocks are sitting at the same levels they were seven months ago, but the path hasn’t been straight.
Our Beige Book Barometer climbed from a seven-year low.
Lowered Stocks view from Neutral/Positive to Neutral; Lowered U.S. Equities view from Neutral/Positive to Neutral; Raised Bonds view from Negative/Neutral to Neutral
U.S. economy sent mixed signals amid uncertainty.
After such a strong rally for stocks this year, you may be wondering what could drive stocks higher from here.
Signs of slowing global growth have fueled worries of tepid domestic inflation.
U.S. economic data were mixed in March, although leading indicators signaled low odds of a recession in the coming year.
We expect roughly flat earnings for the first quarter, putting the seven-quarter streak of growth in jeopardy.