Market Insights

 

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This Friday, the government will release its initial estimate of real GDP growth in the second quarter, and the headline is likely to look soft. At present, we’re projecting an initial report of growth at a 1.8% annual rate....Click here to learn more.

The market today reminds me of a conversation between my in-laws regarding liver sausage and whether it was good or not.  My wife, who hates liver sausage, was arguing with my mother-in-law who loves liver sausage.  Everyone surrounding the conversation had very passionate thoughts about the food and, since they were all family, those thoughts were shared.  There was no middling ground.  Liver sausage was either incredible or disgusting.The market today is not so different.&n

On April 14th, German Marquez, starting pitcher for the Colorado Rockies, had a no hitter going against the Giants.  When you’re watching baseball and a pitcher has a no hitter going there’s an evolvement as to how you react to the game.  After a few innings you start to take notice of what’s going on.  Around the 5th you start asking if someone can get a hit.  Later you start wondering how long he can last.  At some point you assume someone has to get