The Morning View from West End: April 16, 2018

BY: MARSHALL BARTLETT
Senior Vice President / Portfolio Manager
(615) 591-0611   mbartlett@argenttrust.com

Announced this morning, Retail Sales increased 0.6% in March, a much needed rebound from the 0.1% decrease the previous month. The control group, which excludes autos and gas prices, increased 0.4%. Solid figures for March, following weakness earlier in 2018. With consumer spending comprising nearly 70% of GDP, retail sales is an important component of whether economic growth moves higher and inflation remains under control. Hopefully the Federal Reserve can maintain this balance with their expected interest rate increases this year. In all, equity futures are higher this morning heading into the market open.

This information has been prepared by Argent Trust to highlight issues which may be of interest to the recipient and is not intended as legal, investment or tax advice. You are urged to seek legal, tax and accounting counsel for your particular situation before acting on topics discussed here. At Argent Trust, we assist our clients in managing and enhancing their wealth. Please call us at 615.591.0044 with questions or to schedule a meeting. © 2018 Argent Financial.

About

Argent Financial Group

Celebrating its 30th anniversary in 2020, Argent Financial Group (Argent) is a leading, independent, fiduciary wealth management firm. Responsible for more than $30 billion in client assets, Argent provides individuals, families, businesses and institutions with a broad range of wealth management services, including trust and estate administration, investment management, ESOPs, retirement plan consulting, funeral and cemetery trusts, charitable organization administration, oil and gas (mineral) management and other unique financial services. Headquartered in Ruston, Louisiana, Argent was formed in 1990 and traces its roots back to 1930.

Latest News & Resources

Insights

Argent Employee Spotlight – David Russell

Argent Employee Spotlight – David Russell

Q. What led you to Argent and what makes it unique? A. Without a doubt what led me to Argent was the character of the leadership. Before I ever even heard the phrase “humble confidence” my initial visit with Kyle impressed that on me and it has also been reflected in...

Why a Corporate Fiduciary Could Be Right for You

Why a Corporate Fiduciary Could Be Right for You

In today’s world, estate planning can be an intense and complex process. These issues can be caused by many factors, such as federal and state tax laws and the types of property or assets a person owns. If you layer on unique family dynamics (e.g. a blended family,...

Interested in speaking with

one of our experts?