<img height="1" width="1" src="https://www.facebook.com/tr?id=852282609072225&amp;ev=PageView%20&amp;noscript=1">

Markets and Economic Update for July

July 9, 2018
David Lundgren, CFA®
David Lundgren, CFA®
Welcome to the Markets and Economic Update, provided monthly by the Hancock Whitney Investments team as an informational resource for clients and individuals who are interested in hearing our perspectives on current economic issues.
  
 Markets and Economic Update for July
 
  • The end of the second quarter was marked by strong economic growth. David Lundgren discusses how consumer spending has been looking much more positive closing out the quarter.
  • Tariffs present a headwind to global growth, but Richard Chauvin explains that U.S. tax reform represents an under-appreciated tailwind of much larger proportions. Nevertheless, further strengthening of the U.S. dollar presents risks to financially weak emerging market countries and Asian countries in the China supply chain.  
  • Short term bond yields were up slightly in June while longer maturities remained range bound. Jeffrey Tanguis discusses recent changes in interest rates and his thoughts on the recent Fed tightening and his outlook for the 2nd half of 2018.
  • US stock markets experienced an increase in volatility driven primarily by possible protectionist trade policies and tariffs.  Large caps and mid-caps managed to produce a small gain, but small caps beat both for the second month in a row.  International markets were hit hard also out of fears of a trade war.

 

Click the "play" arrow below to listen to the recorded session and learn more:
  
 
 
 
historical library of previous calls is available.
 
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 Whitney Bank. Hancock 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.  Hancock Whitney Bank encourages you to consult a professional for advice applicable to your specific situation.
 
Investment and Insurance Products:
NO BANK GUARANTEE NOT A DEPOSIT MAY LOSE VALUE NOT FDIC INSURED
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY