News
January 11, 2016
First Quarter 2016 Newsletter
In the U.S., unprecedented levels of economic stimulus appear to have paid off. GDP has shown slow, but steady, growth, unemployment is below levels experienced prior to the Great Recession and the Federal Reserve is taking its initial step away from a zero-interest rate policy for the first time since December 2008.
December 11, 2015
Fourth Quarter 2015 Newsletter
Volatility returned to the markets in a big way in the third quarter as new concerns from abroad called into question the strength of the global recovery and the timing of an eventual increase in interest rates by the Federal Reserve.
June 11, 2015
Third Quarter 2015 Newsletter
The positive economic underpinnings that have contributed to strong investment returns over the past several years continue to be in place.
March 31, 2015
Second Quarter 2015 Newsletter
We continue to expect an improving trend in economic growth in the U.S. and abroad. While this trend should lead to higher interest rates in the U.S. this year, the pace of policy tightening will likely be gradual. Lower energy prices will further support global GDP growth.
February 18, 2015
First Quarter 2015 Newsletter
As we look to the year ahead, it's worthwhile to consider how far we've come. A few years ago, credit markets seized up, stock indexes plummeted and unemployment approached levels not seen in a generation.