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The FOMC has decided to raise the target range to 0.50% – 0.75%. This 25 bps upward adjustment to the Fed Fund rate was almost guaranteed, as the futures implied probability of an additional hike had increased from ~75% at the beginning of November to 100% in the days leading

Please find the next blog in our monthly series that provides timely market data as well as perspectives on the current state of the economy and the global financial markets. Global Economy: Recent economic data showed the US economy delivered solid growth during the third quarter after a tepid pace

Please find the next blog in our monthly series that provides timely market data as well as perspectives on the current state of the economy and the global financial markets. Global Economy: After subdued growth during the first half of the year, the US economy picked up steam during the

Donald Trump has been elected as the 45th president of the United States, based on nearly final results announced by US television networks early Wednesday morning.  It will take time before the world has a clearer picture of how he plans to steer the government, and what will be the

Please find the next blog in our monthly series that provides timely market data as well as perspectives on the current state of the economy and the global financial markets. Global Economy: September reported positive economic results, as second quarter growth was revised higher, job gains were solid, and US

Please find the next blog in our monthly series that provides timely market data as well as perspectives on the current state of the economy and the global financial markets. Global Economy: Economic data in August was mixed as growth within the business sector was lackluster while the US consumer

Please find the next blog in our monthly series that provides timely market data as well as perspectives on the current state of the economy and the global financial markets. Global Economy: There was a positive tone to US economic data in July as higher wages and rising equity values

Please find the next blog in our monthly series that provides timely market data as well as perspectives on the current state of the economy and the global financial markets. Global Economy: Recent economic data displayed underlying strength in consumer spending buoyed by strong employment gains.  In its final reading

The United Kingdom voted to end its 43 years of membership with the European Union. The margin was 51.9% to 48.1%.  U.K. Prime Minister, David Cameron, announced he will resign but will stay until October. Short-term, we anticipate market volatility will be high in the aftermath of this result.  The

Please find the next blog in our monthly series that provides timely market data as well as perspectives on the current state of the economy and the global financial markets. Global Economy: US economic data was mixed as positives from robust consumer spending and the stabilizing US housing markets was