Recent News
Mortgage Rates Jump to Seven-Year High
In November, 30-year fixed mortgage rates hit their highest level in more than seven years at nearly 5%, up almost 1% over the past year.
by Laura Fox
INVESTMENT ADVISORY SERVICES: FEATURED MARKET DATA
Credit Market Concerns
The low interest rate environment has encouraged stock buy-backs and debt issuance resulting in higher leverage ratios. As the credit cycle turns, this increased leverage could trigger concerns regarding credit quality trends. Widening corporate bonds spreads have signaled real or perceived risk by the market.
by Laura Fox
INVESTMENT ADVISORY SERVICES: FEATURED MARKET DATA
U.S. Economy Still Chugging Along
U.S. GDP growth remains solid with a reported 3.5% annualized growth rate during Q318 following a strong Q218 pace of 4.2%. Consumer spending and higher inventory levels contributed a substantial boost while lower net exports detracted from growth. Tax cuts continue to stimulate economic activity although we expect the impact to fade in upcoming quarters.
by Laura Fox
INVESTMENT ADVISORY SERVICES: FEATURED MARKET DATA
Will U.S. Stocks Continue to Rally?
U.S. stocks rallied in the 3rd quarter on strong growth and continued optimism. Meanwhile, U.S. stock market valuations (the price / earnings ratio) have been on the rise since April. This contrasts to other major markets in Europe and Asia where growth has been slower.
by Laura Fox 