Economic

Tony will review key economic indicators as they are released to determine the health and trend of the domestic and global economy.  With so much data each trading day, he will point you in the direction of the most important economic releases, and how they may impact your portfolio.

Another favorable sentiment report

The University of Michigan Consumer Sentiment Survey was released this morning and the preliminary read showed sentiment rose in June to 99.3, beating expectations of 98.5.

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Producer prices hotter than expected

The Bureau of Labor Statistics (BLS) reported this morning that the May Producer Price Index (PPI) rose 3.1% year-over-year, above consensus expectations which had called for a rise of 2.8%.

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Slight miss on Q1 GDP

The second revision to first quarter Gross Domestic Product (GDP) was released by the Commerce Department this morning and showed the economy expanded 2.2%.

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Consumer confidence rises in May

Our second survey for consumer confidence for the month of May was released this morning. This time it was from the Conference Board and their survey showed the Consumer Confidence…

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