News

January 2015 Market Commentary

The US economy ended 2014 gaining momentum.  The last revision for the third quarter placed the increase in GDP at a 5% annual rate.  The second quarter was up 4.6%.  Economists are expecting a fou...

December 2014 Market Commentary

Oil prices collapsed in the last week or so.  WTI prices fell from over $100 per barrel in early summer to the $66 to $67 per barrel today.  History indicates that this large of a price reduction re...

November 2014 Market Commentary

Our economy is showing signs of steady growth.  Last week the Bureau of Economic Analysis released the first preliminary growth in GDP for the third quarter.  The number came in at 3.5%, a little be...