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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 […]

Quiet Week May Be the Canary in the Coal Mine

April 17th, 2017|

Quiet Week May Be the Canary in the Coalmine
by Timothy S. O’Neil, SVP, Trust Investment Officer CFP®, CTFA
This will be a fairly quiet week for economic news.  Many of the announcements, like Housing Starts, will focus on the housing market, and the news is expected to be somewhat mixed.

Could softening Housing […]

STRONG ECONOMY: IS PERCEPTION REALITY?

April 14th, 2017|

STRONG ECONOMY: IS PERCEPTION REALITY?
by Timothy S. O’Neil, SVP, Trust Investment Officer CFP®, CTFA
An interesting phenomenon which has seen increasing ink of late in the financial press is a growing separation between the perception of the strength of the economy, so-called soft data, and hard data about the actual strength of the economy.

[…]

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% […]

Fed Rate Hike…How will it Impact You?

March 16th, 2017|

How will the Fed Rate Hike Impact Me?
Yesterday (3/14/17) the Federal Reserve Bank announced it had increased its target range for Federal Funds, or Fed Rate, by 0.25% to a target range of 0.75 percent to 1 percent.
The Fed Rate applies to funds loaned by banks to each other but it is supposed to be […]