The Morning View from West End: March 28, 2018

  • March 28, 2018

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

Announced this morning, the final reading on GDP growth in the fourth quarter 2017 was 2.9%. This was higher than the previous reading of 2.5%, given slight adjustments to consumer spending, nonresidential fixed investment, and inventories. Hopefully, growth can continue throughout 2018 amidst lower taxes and expected gradual interest rate increases by the Federal Reserve. Meanwhile, markets have been volatile, in part reacting to noise out of Washington. Upcoming first quarter earnings reports should help focus investors on company fundamentals in the weeks ahead. In all, equity futures are mixed 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.