Monitoring All of the Recession Data

As various segments of the yield curve remain inverted, media outlets are abuzz with prognostications of imminent recession. However, the yield curve is just one metric used to provide valuable insight into the state of our economy. While the curve is sending mixed messages, other data, such as record low unemployment and record high GDP growth, is giving strong and reliable signals that the US is unlikely to tip into recession anytime soon and remains in the mid-cycle phase of the business cycle when stock prices often continue to rise despite volatility.

US GDP Growth Remains Strong

 
 

What Else We’re Reading

 
 

Legacy Trust Family Wealth Offices

 4200 Marsh Landing Blvd, Suite 100

Jacksonville Beach, FL 32250

Office: (904) 280-9100

Fax: (904) 280-9109

 

Legacy Trust Family Wealth Offices of Jacksonville Beach, Florida, is a new type of financial services firm - an independent multi-family office - that brings all facets of your personal financial affairs under one roof, where they are coordinated for optimum efficiency and maximum performance. 

Investment products are not FDIC insured, are not bank guaranteed, and may lose value.