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Q1 GDP Due Out This Week, First Solid Look at Trump Economy

April 24th, 2017|

First Snapshot of US Economy for New President Due Out this Week
by Timothy S. O’Neil, SVP, Trust Investment Officer CFP®, CTFA
Friday morning will see the announcement of the initial estimate of the growth in Gross Domestic Product (GDP) for the first quarter of 2017.

Our first look at the Trump Economy comes […]

Mid-Week Move: Money or Math?

April 21st, 2017|

MID-WEEK MOVE: MONEY OR MATH?
by Timothy S. O’Neil, SVP, Trust Investment Officer CFP®, CTFA
As expected it was a slow week for financial and economic indicators.  The stock market showed this as it traded back and forth over a fairly narrow range.

Housing starts decline even more than expected and the bulls and […]

QUARTER ENDS, WALL STREET NODS APPROVAL

March 31st, 2017|

Quarter Ends, Wall Street Nods Approval
by Timothy S. O’Neil, SVP, Trust Investment Officer CFP®, CTFA
The first calendar quarter of 2017 is over and, although the stock market hit some rough sledding toward the end, the major indices such as the Dow Jones Industrial Average and the Standard & Poor’s 500 were each up around 5% […]

Q4 GDP: Bearish or Bullish on the Recovery

March 27th, 2017|

Q4 GDP: Bearish or Bullish on the Recovery?
by Timothy S. O’Neil, SVP, Trust Investment Officer CFP®, CTFA
An article in today’s Wall Street Journal points out an interesting fact: last Tuesday’s decline of 1.2% in the Standard & Poor’s 500 Stock Index snapped a streak of 109 trading days without a decline that large, the longest […]