INVESTMENT ADVISORY SERVICES: FEATURED MARKET DATA
Personal Income & Spending Surprise to Upside
The recent Personal Income and Spending report showed that consumers, who represent over half of the U.S. economy, exceeded forecasts for income and spending in April. This healthy increase followed strong spending in March, which was the best monthly increase since 2009.
Recent News
Fed Issues Warning About Leveraged Lending
In May, the Federal Reserve released a report that identified rising sales of leveraged loans as a top vulnerability facing the U.S. financial system.