All Posts Tagged: stock prices

U.S. Outlook: Patience springs eternal

Scott Anderson
Chief Economist

One has to be patient during this economic expansion — except for stock prices, which have been on a one-way ticket to the top since March 2009.

Graph showing differences in actual vs. estimated GDP over last several years.The rest of the economy has taken quite a bit longer than it ever has in the past to get back up to speed.

For a look at more of the key metrics, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Sept. 23.

Key observations:
  • The Fed itself is getting frustrated by the economy’s anemic performance.
  • The U.S. economy has been expanding now for more than 7 consecutive years, with nearly 15 million net new jobs created and an unemployment rate that has gone from 10.1% at its peak to just 4.9% today.
  • Over the last 7 years annual real GDP has averaged just 1.8% per year.
  • There’s more need for patience after housing starts and existing home sales for August disappointed.

Click here to read my full report.

Read More ›

Investment Insights: Excerpts from our Q2 report

Wade Balliet
Posted by Wade Balliet
Investment Strategy
London plaza outside Thomson Reuters building with scrolling stock ticker and people walking in front.

The second quarter turned out to be a strong period for alternatives as commodities rallied on production cuts, while real estate and hedge funds rose modestly.

Read More ›

U.S. Outlook: Gearing up for the big week ahead

Scott Anderson
Chief Economist
chart showing upward trend in S&P 500 stock price index.

An advanced estimate of first-quarter GDP and the April FOMC decision will be among the activities to watch next week.

Read More ›

U.S. Outlook: Encouraging signs of growth still evident

Scott Anderson
Chief Economist
jobless_1122

“Better than expected” is a phrase you will hear often about this October’s economic data. Is the U.S. economy on the cusp of a meaningful acceleration? Below is a brief summary of my weekly analysis, followed by a link to the full report, delivered on Nov. 22, 2013. (Note: This report covers two weeks; there […]

Read More ›