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.
Here's what we cover on this month's call:
- The unemployment rate hit 4.3% in May, the lowest in 16 years. What's behind that number, and will a better jobs environment help U.S. economic growth pass the long-awaited 3% in the second quarter of 2017? John Portwood shares his thoughts.
- Impeachment of a president, illegal campaign financing, bribery accusations. Sounds like an upcoming Netflix series, but it's not. It's Brazil today. Jeff Tanguis tells the story and explains why you should care.
- President Trump and the Republicans desperately want to move tax reform forward, but many hurdles remain. Can tax reform realistically happen this year? Richard Chauvin explains why he thinks it's unlikely.
- May was an interesting month for stocks, as the divergence between winners and losers widened. Greg Hodlewsky elaborates and gives his outlook.
- Who says bonds are boring? Will the 10-year U.S. Treasury dip below 2% again? What will the Fed do next? We have bond questions, and Jeff Tanguis has the answers.
Click the "play" arrow below to listen to the recorded session and learn more:
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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 Whitney Bank. Whitney Bank makes 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. Whitney Bank encourages you to consult a professional for advice applicable to your specific situation.
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