Market Insight Monthly | May 2018

"Economic reports released in May 2018, largely reflecting economic activity in April, showed continued solid economic growth in the U.S."

“Keeping an Eye on Global Activity” Client Letter by John Lynch | June 7, 2018

Overall, we think the global economic backdrop, particularly in the U.S., remains intact. Although the situation in Italy is an ongoing risk worth monitoring, we don’t believe it indicates a change in the trajectory of the global economy.

Lessons from Quitaly | Bond Market Perspectives | June 5, 2018

Market reaction to Italy’s political woes was swift and pronounced, but ultimately overdone.

“Europe Coming Up Short” | Weekly Market Commentary | June 4, 2018

When we compare Europe’s economic and corporate fundamentals with those in the U.S., even factoring in valuations, we think Europe comes up short.

Jobs Growth Stabilizing, Wages Rising | Weekly Economic Commentary | June 4, 2018

The May jobs data were generally positive, and job growth may be accelerating after slowing since 2015.

“Municipal Check-In” | Bond Market Perspectives | May 29, 2018

Municipal bonds have outperformed broad high-quality fixed income since early 2017.

“Is Small Cap Strength Sustainable?” | Weekly Market Commentary | May 29, 2018

After a great start to 2018, we believe small caps’ strength to continue.

Fed Minutes Wrap-Up | Weekly Economic Commentary | May 29, 2018

The Fed minutes’ emphasis on a symmetric inflation target reassured markets that the pace of rate hikes would remain gradual.

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