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Zephyr Blog

3rd Quarter Newsletter

3rd Quarter Newsletter

Economy: Still Slow Going

As we head into the second half of 2015, investors face continued volatility. There is uncertainty surrounding U.S. interest rates, the direction of stock markets and a sluggish global economy.

In just about every corner of the world, economic growth remains sluggish. The U.S. economy slowed to a halt in the first quarter with growth decreasing 0.2%. However, there were signs throughout the 2nd quarter that the economy was bouncing back as the weather improved. The jobs market looked better, with May's employment report particularly strong. Housing also seemed to find its footing. Manufacturing continues to be a weak spot, and lower oil prices are still a headwind to growth. Overall, though, the economy looks on track to grow about 2% for the year.      Click here to read the full article

 

4th Quarter Newsletter
2nd Quarter Newsletter
 

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Zephyr’s Blog

Interest rates are important to investors and they are currently at or near all-time lows. At this past June’s Federal Reserve meeting, interest rates were kept at a range of 0%-0.25% and it was indicated that they will remain n...