BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced this morning, Retail Sales for the month of July increased 0.5%, more than forecasts. The increase was driven by clothing,…
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BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced this morning, the Consumer Price Index, a measure of inflation, increased 0.2% in July and has increased 2.9% on an…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced this morning, the economy added 157,000 jobs in July, a bit below forecasts. The unemployment rate fell one-tenth to 3.9%…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced this morning, the first reading of GDP growth indicates a 4.1% increase in the second quarter 2018. This is the…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Yesterday, Federal Reserve chair Jerome Powell spoke to the Senate as part of regularly scheduled testimony and will speak to the…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced this morning, the Consumer Price Index increased 0.1% in June, less than forecasts, and has increased 2.9% on an annual…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com The economy added 213,000 jobs in June, slightly above forecasts and the unemployment rate moved up two tenths to 4.0%. Average…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced this morning, consumer spending increased 0.2% for May, below expectations. Decreased spending on services, primarily utilities, was mostly to blame. Given…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com After last week’s volatile moves, the markets are again selling off today as escalating trade tensions come into greater focus. The…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com This morning, the European Central Bank (ECB) struck a somewhat dovish tone announcing it will stop its bond buying program by…
