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March 25, 2019 | Market Commentary
Since the United Kingdom voted to leave the European Union in the summer of 2016, Brexit has been anything but smooth. After an eventful couple of weeks in the Parliament, a more benign Brexit seemed to be the most likely outcome. Yet on Thursday, another twist emerged in the saga.
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All AudiencesApril 04, 2018 | Market Commentary
Market Volatility Remains Elevated US equities suffered their worst week in more than two years last month on concerns that increasingly restrictive trade policies may disrupt global growth. Although US stocks recouped some of those losses the following Monday, the market gyrations on the heels …
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All AudiencesJune 09, 2017 | Market Commentary
In April, British Prime Minister Theresa May called for a snap election to be held June 8 in an effort to consolidate power and strengthen her Brexit negotiating position against the European Union. The results of the General Election are in, and the UK Conservative Party—led by PM May—has lost …
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All AudiencesApril 19, 2017 | Market Commentary
On Tuesday, British Prime Minister Theresa May called for a snap election on June 8, hoping to consolidate power and strengthen her Brexit negotiating position against the European Union. PM May is currently an unelected leader, appointed to the role in an internal, Conservative party …
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All AudiencesApril 05, 2017 | Market Commentary
Our April 2017 Perspective offers our take on the U.S. and global economy; including updates on the recent U.S. fed funds policy interest rate hike, Brexit, scandal in South Korea, and more.
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All AudiencesFebruary 03, 2017 | Market Commentary
U.S. economic growth markedly slowed during the fourth quarter of 2016 according to the advance estimate released in January. Specifically, real GDP growth came in at a 1.9% annual rate, down from the third quarter’s final reading of 3.5%.
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All AudiencesDecember 08, 2016 | Market Commentary
Our December Perspective provides our view on the latest US and global economic news. This month’s edition includes updates on China, England, fixed income, and our US outlook in the wake of the election.
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All AudiencesNovember 03, 2016 | Market Commentary
The advance estimate of U.S. real GDP growth for the third quarter came in at a 2.9% annual rate, up from the second quarter’s 1.4% growth. While this was the best reading in two years, the details of the report suggest that the U.S. economy remains on a path of slow growth.
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All AudiencesAugust 03, 2016 | Market Commentary
What happened? In an historic referendum, the citizens of the United Kingdom (UK) voted to leave the European Union (EU) on June 23, with 51.9% of voters choosing “Brexit.” For the first time since the creation of the European Economic Community in the 1950s and the formal establishment of the …
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InstitutionsJuly 13, 2016 | Market Commentary
Home Secretary Theresa May is set to be the next prime minister of the United Kingdom (UK) after her final rival for leader of the Conservative Party dropped out of the race on July 11. With May having secured the party’s support, Prime Minister David Cameron announced that he would offer …
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