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Monthly Market Update for May 2017

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: In the US, the Commerce Department revised 1Q-17 real gross domestic product (GDP) upward from 0.7% to 1.2%.

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Monthly Market Update for April 2017

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 sigh of relief from investors in April following the first round of elections in France

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Monthly Market Update for March 2017

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: Throughout March, financial markets began to formally take notice of certain “gaps” that have developed across the political

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Monthly Market Update for February 2017

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: Measures of US economic sentiment continued to gain strength, even as the pace of real activity has yet

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Potential Phone and Phishing Scams

As we are in tax season, we thought a good time to remind you to be aware of potential IRS phone and phishing scams. One of our employees recently received a phone call from someone claiming to be from the IRS, claiming that he owed the IRS money and demanding

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Monthly Market Update for January 2017

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 reports were mixed in January as a US Commerce Department report showed US economic growth slowed more

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Monthly Market Update for December 2016

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 indicators showed momentum was building in US manufacturing.  Latest results indicate that activity is broadening outside

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Fed Funds Target Rate Increased with Unanimous Vote

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

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Monthly Market Update for November 2016

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

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Monthly Market Update for October 2016

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

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Five Takeaways from the Election

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

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Monthly Market Update for September 2016

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

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