Feature Articles: Institutional Investment Management

2nd Quarter 2019 - Global Slowdown Has Begun

By Patrick Larson, CFA®

April 16, 2019Institutional Investment Management

Economic Overview 

Our theme for the first quarter was: “Things are Slowing Down” which turned out to be the case.  Many economic indicators in Europe have pointed to a slowdown this year. The Purchasing Manager’s Index (PMI) peaked in the Eurozone in December 2017 and had fallen below 50...

Read More...

Financial Institutions Insights 1st Quarter 2019 Strategy

By Patrick Larson, CFA®

January 21, 2019Institutional Investment Management

Economic Overview - What a Difference a Quarter Makes! 

We entered the fourth quarter of 2018 with solid economic growth, interest rates near a multi-year peak and an equity market that was trading near record highs.  But things changed.  Expectations that the economy will slow...

Read More...

Financial Institutions 4th Quarter 2018 Strategy

By Patrick Larson, CFA®

October 17, 2018Institutional Investment Management

Economic Overview  

The economy is growing at a remarkable pace.  Second quarter GDP increased 4.2% and the 3rd quarter may also exceed 4.0%.  It seems likely 4th quarter GDP will be between 3.0% and 3.5%.  Up to this point, the Fed seems to have gotten both...

Read More...

Financial Institutions 3rd Quarter 2018 Strategy

By Patrick Larson, CFA®

July 16, 2018Institutional Investment Management

Trade Issues Take Center Stage

The Fed concluded its scheduled two-day meeting on June 13th and the new Fed Chairman announced a 2nd rate hike that was widely expected.  The U.S. economy slowed slightly in the 1st quarter but is accelerating once again.  Inflation remains...

Read More...