economic growth Archives - Glassman Wealth Services

Is China’s Growth Threatened by the West?

As we head further into the second half of 2012, it is clear that policy from central banks in the US, Europe, and China will drive markets and the global…

Consumers Not Ready For Another Credit Binge

Last week, two key reports on the state of the financial and consumer sectors were released. By all accounts, the consumer deleveraging cycle remains intact, despite an apparent willingness on…

Will Consumers Power our Economic Engine in 2012?

Consumers are an integral cog in the American economic engine, but since the financial crisis hit its crescendo, consumers have been under high attack. By most traditional measures, the economy…

Consumers Decide Enough is Enough

Questions about why the recovery is so slow have cropped up lately. Economists and strategists alike are baffled by the sluggish nature of this recovery, particularly considering our previous experiences…

Record Corporate Profits Signal Economic Improvement

Last week, corporate profitability was added to the third revision of third quarter GDP growth and not surprisingly, corporate profits were up more than 28% from the same point one…

Employment Sends a Shiver Through the Markets

Equity markets meandered through a comparatively benign week before May’s employment report derailed trading on Friday. The S&P 500 Index finished down 2.3% and the Dow Jones Industrial Average was…

The Incredibly Resilient American Consumer

One of the most disheartening aspects of the past several years was the abysmal state of consumer finances heading into the recession. In the first quarter of 2008, the personal…