While current economic growth in the U.S. is exceeding expectations, how long can it last? Advisor Perspectives covers the new numbers from the Conference Board, with a forecast for the remainder of 2016. Weak corporate confidence seems to be inhibiting stronger growth and we can look for increased volatility in the coming months, according to Liz Ann Sonders and her team at Schwab. Even an outstanding portfolio can’t make most investors happy, writes Carrie Schwab-Pomerantz. It turns out that how you spend your money is more important than how much you have of it.
Conference Board Leading Economic Index “Picked Up Again In July”– “The U.S. Leading Economic Index picked up again in July, suggesting moderate economic growth should continue through the end of 2016,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. Read more…
The Calm Before The….– A period of peace has reigned in the market over the past month, but the lull in volatility likely won’t last according to Liz Ann Sonders and her team at Schwab. The third quarter is shaping up to improve on lackluster first half US economic results but weak corporate confidence remains an impediment to stronger growth. But with a solid U.S. consumer, and modestly improving economic and earnings growth, Sonders thinks the general equity trend will be higher. Read more…
Can Money Make You Happy? Three Things To Think About.- Once you have enough to handle your basic financial obligations, more money won’t necessarily equate to more happiness. Spending money on experiences seems to make people happier than buying more things. Carrie Schwab-Pomerantz discusses this in her article. Read more…
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