Month: May 2014

May
27

Provided by: Jon McGraw

Economic Notes – May 27, 2014

Stronger reading in May’s preliminary Markit PMI index brought optimism to the second half of this year. Housing sales data were mixed: New home sales rebounded in April after two months of declines; and existing house sales were up less than expected, staying well below the unit level in April 2013. Initial jobless claims came…

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May
12

Provided by: Jon McGraw

Sentimental Journey & Demographics

“Gonna take a sentimental journey…Gonna set my heart at ease…Gonna make a sentimental journey…To renew old memories.” If you’re a fan of Ella Fitzgerald or Frank Sinatra, then you probably recognize these lyrics. Although we rarely think of them as such, the ups and downs of stock and bond markets are sentimental journeys. They reflect…

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May
12

Provided by: Jon McGraw

Sell in May and go away?

Is ‘May Go Away’ for real and what do we do about it? There is a perception that the summer months are notoriously poor for equity markets. The reality is a little different—while they’re not quite ‘as good’ as the late fall and winter months, negative returns haven’t been the rule, either. The chart below…

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May
12

Provided by: Jon McGraw

Economic Notes – May 12, 2014

It was a slow week for economic news, but a few pieces came out positively. Janet Yellen’s congressional testimony was also benign and dovish—alluding to at least another year of easy monetary conditions. Equity markets were generally flattish on the week, although a trend of large-cap outperforming small-cap names has continued, in line with valuation…

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May
05

Provided by: Jon McGraw

Economic Eclipse & Profits!

Sometime this year, you may have the opportunity to experience an event that’s even more rare than a lunar or solar eclipse – an economic eclipse. The United States has had the world’s largest economy since we surpassed Britain back in 1872, but our economy is about to be overshadowed by China’s. A lot of…

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May
05

Provided by: Jon McGraw

Economic Notes – May 5, 2014

It was a busy week for economic data, with several key releases including 1st Quarter GDP—which disappointed. The Friday release of job growth, however, was strong. The Russia/Ukraine situation continues to simmer, but not yet boiling over, despite regional incidents and increasing sanctions against targeted Russian interests. (-) First quarter GDP was forecasted to be…

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May
01

Provided by: Jon McGraw

Good, Bad, Interesting News about College Expenses

Good news: Rising demand for trained, employable workers with relevant skills will not decrease for the foreseeable future! Traditionally, this has meant college as the primary post-secondary method of learning. Bad news: Since 1990, Consumer Price Index components, including education, have risen between 50 to 300 percent. On the high side, the expense of sending…

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