January 2018 Monthly Outlook
Economic Commentary The first estimate of Q4 real GDP came in at 2.6%, less than the 3.2% recorded in Q3. This slight dip was most likely due to a drop in new home sales (due largely to a shortage of supply), a downtick…

The Return of Volatility is No Cause for Concern
After a year of record low volatility in 2017, volatility has returned to the U.S. stock market. The S&P 500 index (the stock market “index”) increased 7.5% in the first 18 trading days of the year until reaching its peak level on January 26th. In…