Quarterly Outlook
Six years beyond the recession, we thought it would be helpful to pause and take stock of how far we have come. Gross domestic product is about two trillion greater than where it stood during the recession. Corporate earnings and dividends have ballooned. Employment rolls are filling, and the unemployment rate is down considerably. Lower fuel costs and accelerating personal income trends are helping to drive domestic sales increases. This is a very good outcome compared with where we were just a few short years ago… For the complete report, please click here.
First Quarter Asset Allocation Review As we head into the new year, we see the United States economy emerging as a bright spot on the global stage. For 2015, we expect to see above-trend growth, further improvement in private sector balance sheets, and generally improved confidence. The domestic economy should perform better than Europe, where structural reform is still needed, and better than many of the emerging markets, which continue to struggle. Chinese growth should continue to moderate, while Russia and other large net energy exporters will struggle given today’s lower oil price. View Full Report (Adobe PDF)
Quarterly Report
Principles
Dividend Investing
