Market Insights – Week Ahead: September 16, 2024
Well, the August employment payrolls data was weaker than expected – across the board. Adding to market concerns were the sharp downward revisions to the July employment data – which…
Market Insights – Week Ahead: September 9, 2024
The August employment payrolls data was weaker than expected – across the board. Adding to market concerns were the sharp downward revisions to the July employment data – which reinforces…
Market Insights – Week Ahead: September 3, 2024
Have we reached the Goldilocks “just right” world with the economy growing but not too strong (2Q24 GDP at 3%), the labor market balanced, inflation coming down, S&P 500 earnings…
August 2024 Market Outlook
With this month’s Concenture Corner, we’re doing a deep dive into the Energy Sector, with a focus on finding the potential pinnacles amid the pitfalls. As we have reported throughout…
Economic Perspective | July 2024 Chartbook
The U.S. economy powered through the second quarter, growing more than expected even as inflation resumed its path back to the Federal Reserve’s 2% target. Real GDP grew at an…
Market Insights – Week Ahead: August 12, 2024
The global equity markets were pummeled last Monday as the Japanese yen strengthened significantly, forcing leveraged investors in the yen carry trade out of their positions. How much more of…
Market Insights – Week Ahead: August 5, 2024
Too early, too late or just right? Investors have been debating all year whether the economy was slowing and if so, by how much – and most importantly, what should…
Market Insights – Week Ahead: July 22, 2024
After the first debate between President Joe Biden and former President Donald Trump, the equity market began to price in a win for Trump. This trade got a bump after…
Economic Perspective | June 2024 Chartbook
The U.S. economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022. The first quarter's GDP growth marked a sharp pullback from…
June 2024 Market Outlook
Artificial intelligence (AI) is the elephant in the room that everyone DOES want to talk about. And they should… because it’s still a challenge for investors to get their heads…
Economic Perspective |May 2024 Chartbook
Consumer spending slowed in the first quarter, bringing U.S. GDP growth down to a 1.3% annual rate. The number matched forecasts and is down from the advance estimate of 1.6%.…
May 2024 Market Outlook
Historically, April has proven to be a down month, so the 5% correction the market experienced during the month is not out of line. (We typically see 5% corrections three…
Economic Perspective |April 2024 Chartbook
The nation's economic growth slowed to an annualized rate of 1.6%. A surge in imports, which are subtracted from GDP, reduced first-quarter growth by nearly 1 percentage point. Growth was…
April 2024 Market Outlook
After a particularly strong first quarter, the equity market is already in a correction, in our view. We continue to believe the S&P 500 can reach 5600-5800, for an additional…
Economic Perspective |March 2024 Chartbook
Gross domestic product increased at a 3.4% annualized rate last quarter, revised up from the previously reported 3.2% pace, the Commerce Department's Bureau of Economic Analysis said in its third…