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December Economic Update

December 11, 2017
David Lundgren, CFA®
David Lundgren, CFA®
Welcome to the Hancock and Whitney Bank Economic Update. The Investments team provides monthly updates as an informational resource for clients and individuals who are interested in hearing our perspectives on current economic issues.
 December Economic Update 
Here's what we cover on this month's call:
  • The economy continues to improve and all signals point to 3% growth in the fourth quarter. John Portwood discusses what the fourth quarter looks like and where we stand as we move into the first quarter of 2018.
  • Tax reform has the potential of moving the economy along even further. It appears that when we meet next month, we could have a new tax law. Richard Chauvin brings the listeners up to date on the tax reform process and highlights the important provisions that could impact the economy – positively or negatively.
  • There is a high chance that the Fed will raise interest rates for the third time this year. Jeff Tanguis discusses the impact this rate increase will have on the economy as we move into the new year and the potential for three more increases in 2018.
  • The stock market continues to advance and reported yet another positive month in November. Greg Hodlewsky talks of a short term prediction and gives us a preview of where we are in the market cycle and what to expect in the new year.
 
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The information, views, opinions, and positions expressed by the author(s), presenter(s) and/or presented in the article are those of the author or individual who made the statement and do not necessarily reflect the policies, views, opinions, and positions of Hancock and Whitney Bank. Hancock and Whitney Bank make no representations as to the accuracy, completeness, timeliness, suitability, or validity of any information presented. This information is general in nature and is provided for educational purposes only. Information provided and statements made should not be relied on or interpreted as accounting, financial planning, investment, legal, or tax advice.  Hancock and Whitney Bank encourage you to consult a professional for advice applicable to your specific situation.
 
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