View Full List of 2018 Articles
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PMA Asset Management’s 2017 market outlook called for improved returns for short-term investors and limited returns in the fixed income market with higher prospective returns for U.S.
INVESTMENT ADVISORY SERVICES: FEATURED MARKET DATA
Steady Economic Growth
The US economy maintained a steady pace of growth during the first quarter. GDP rose at an annual rate of 2.2% driven by business investment and consumer spending. Improvements stemmed from income tax cuts and a strong labor market. Q1 2018 Consumer spending rose 1% following a robust 4% in Q4 2017.
Recent News
Impact of Tax Cuts on Bank Profitability
On December 20, 2017, Congress passed the Tax Cuts and Jobs Act designed to cut taxes on individuals and corporations.
PUBLIC FINANCE TRENDS
Yield Curve Dynamics
This indicates that municipal bonds are rich compared to US Treasuries, so while interest rates overall are increasing, municipal bonds are still low on a relative basis compared to their US Treasury counterparts.
