Sunday, December 16, 2018


The first estimate of U.S. real GDP released in January was an increase at an annual rate of 3.2% in the fourth quarter. The second release at the end of February was a write down of this estimate to an increase of 2.4%.

Read More on Capital Markets Outlook 2014 Q1

Consensus estimates for the second half of 2013 point to a pick up in GDP growth in the U.S. We have seen estimates of second half growth in the 2.5% level in the third quarter and north of 3.0% in the fourth quarter.

Read More on Capital Markets Outlook 2013 Q3

The Federal Reserve roiled global financial markets as comments regarding the tapering of bond purchases drove equity and fixed income markets down late in the quarter and sent bond yields soaring.

Read More on Capital Markets Outlook 2013 Q2