Politics vs The Economy – One is More Important Than the Other

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

Oh, man. Last week sure set off a political firestorm… And the markets! JEEZZZZ, did you see what they did? The S&P 500 sold off to the tune of a whopping -0.35%. (P.S. Insert sarcasm here.) (Double P.S… As of this writing at 12:45 on Monday, May 15th, 2017 the S&P 500 is up +0.45%.) From an investment viewpoint, fears …

When the GDP Report looks like Macys

GDP was a DOG

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

According to the just-released first round of data on the first quarter’s (Q1) Gross Domestic Product (GDP), which is considered the gold standard for the measurement of goods and services, 2017 has pretty much sucked. It looks like GDP growth slowed from Q4 2016’s annualized pace of 2.1% to 0.7% in Q1. Remember, that’s the first announcement of preliminary data…but …

The Dow... Will It...

This Winning Streak Is Going To End – But Do You Care?

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

I’m sure I will not be the only one using this reference to the famous scene from Spinal Tap where Nigel Tufnel explains how his band’s amplifiers go to eleven…”When you need that extra push over the cliff…” Please, and I’m probably talking to most of the people at Monument as well as most of the Millennial Generation…please watch this …

What One Economic Indicator is Saying About an Upcoming Recession

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

First – a look back at what was happening in 2008. I thought this was a pretty interesting clip from the University of Pennsylvania. I have more thoughts on news and headlines below but first I want to transition to one of the leading economic indicators I like to keep a sharp eye on…the Department of Labor’s Weekly Initial Jobless …

DOW 30000

So The Dow Hit 20,000… What Does That Mean For You?

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

First – we feel like Monument is just one of those places that does a great job recruiting and retaining great employees. While not all of them remain, we love to highlight how hard work and good decisions lead to greater success down the road. Many of you may remember Kristen Owen. Kristen started with us as a recent MBA …