Fear has been permeating capital markets worldwide as the impact of the coronavirus continues to evolve. Global economic forecasts have been revised downward by the International Monetary Fund (IMF) and the World Bank as factory closures, quarantines, and travel bans continue to hinder numerous industries. The Federal Reserve helped alleviate markets with a rate reduction announcement as a result of …
Macro Overview – September 2018
Here is a quick review of some recent issues affecting our economy from tariffs to emerging markets, history making gains to history making mandates. Trade and tariffs continued at the forefront of discussions among the U.S. and international trading partners. Topics at hand included the North American Free Trade Agreement (NAFTA), the World Trade Organization (WTO), and safeguarding U.S. intellectual …
Trucks Delivering More – Economic Dynamics
A shout out to all clients involved in the trucking industry and the crucial role they play in our economy. A critical component of the economy proving fluid movement between companies and consumers are logistics and shipping services provided by the trucking industry. Trucks provide some of the most ample delivery logistics in the country, delivering packages and goods from …
Macro Overview – February 2018
Last month gave us reason to think we may start to see a pause in stock market growth for a few months as valuations catch up but, also, lots of reason to believe that our economy will continue to grow. Rising interest rates weighed on equity momentum as the expectation of increased borrowing costs and inflation accelerated market volatility. Markets …
Weak Dollar Helps Emerging Countries – International Update
August 2017 For the first time in a decade the world’s major economies are growing in sync. All 45 countries tracked by the Organization for Economic Cooperation and Development are on track to grow this year, much of the help coming from a lingering low interest rate stimulus from Central Banks. A weakening dollar is providing a boost for U.S. …
National Parks Contribute Over $34 Billion To Economy – Federal Programs
With the summer months upon us, the National Parks are a destination for tourists all over the United States. National Parks are part of the National Park Service, which was established in 1916 by President Woodrow Wilson. Beginning with Yellowstone National Park in Montana and Wyoming, there are 417 parks today covering 84 million acres. On a recent visit to …