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Memorial Day Office Closure - May 25, 2018

Please be advised that our office will be closed on Monday, May 28th, in observance of Memorial Day. We will resume our regular hours of operation on Tuesday the 29th.

We wish all of our clients a happy and safe Memorial Day weekend!

Stepping into a Faster Orbit of Growth - May 23, 2018

The ingredients are in place.

  • Stimulus from the tax cuts

  • Strong consumer and business confidence

  • Economic momentum

We’re more than halfway through Q2 and growth is perking up.

  • Retail sales are positive.

  • Industrial production is up.

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Swimming in Profits - May 21, 2018

As we head into the final stretch of first quarter earnings season, results so far have been impressive. With over 460 of the 500 S&P 500 companies having reported, profits are up over 26% from a year ago (Thomson Reuters).

5 21 18 INDEX

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A Rocky Mountain High – Peak Performance - May 16, 2018

The profit cup runneth over – with 91% of S&P 500 firms having reported Q1 results through May 15, earnings are up over 26% vs a year ago (Thomson Reuters).

  • Analysts forecast strong gains throughout 2018, but is Q1 the peak?

  • If so, should we be concerned?

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How Tight is Tight - May 14, 2018

On May 4, the U.S. Bureau of Labor Statistics reported April’s unemployment rate fell to 3.9%, the lowest in 17 years. Last week, the U.S. BLS reported that job openings rose 472,000 in March to 6.6 million. It’s the largest number of job openings recorded since the monthly survey began in late 2000.

Here’s another statistic. The number of individuals hired in March exceeded job openings by 1.1 million, a record going back to late 2000 (U.S. BLS). And here’s one more – the number of openings now matches the number of unemployed for the first time – see Figure 1.

Yes, the labor market is getting tight.

5 14 18 unemployment

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