Exciting Leadership Transitions at PMA Asset Management
PMA, a leading full-service provider of financial and advisory services to local governments, announces that after more than 12 years of outstanding leadership as the firm’s Chief Investment Officer (CIO), John Huber, CFA, will be retiring this summer from PMA Asset Management.
FEATURED MARKET DATA
Strong Quarterly Earnings Growth
With first quarter earnings season nearly complete, S&P 500 companies reported 12.9% earnings growth. This was the second straight quarter of double-digit growth. Earnings growth breadth was strong with 8 of 11 sectors growing. However, the Magnificent 7 continued to lead including strong growth from Nvidia.