2023 Economic Themes | Walking a Fine Line

The two dominant themes running through the U.S. economy in 2022 have been sluggish GDP growth and elevated inflation. From the growth perspective, this year has been the tale of two halves with the first two quarters seeing negative results for GDP followed by a positive third quarter and what is anticipated to be a continuation of upside growth in the fourth quarter.

Weekly Insight | December 14, 2022

Inflation Drops – And Sets a Trap for the Bulls

Equities rallied on the week in anticipation of a better-than-expected Consumer Price Index (CPI) report and a dovish pivot from the Federal Reserve.

Five in Five | December 2022

Welcome to Five in Five, a monthly publication from the Investment Team at BTC Capital Management. Each month we share graphs around five topics that illustrate the current state of the markets, with brief commentary that can be absorbed in five minutes or less.

Weekly Insight | December 7, 2022

Employment

Employment data was at the forefront of this week’s economic calendar. Despite concerns regarding an impending recession the employment picture continues to be resilient as the unemployment rate remained unchanged at 3.7%.

Weekly Insight | November 30, 2022

Stocks Rally as Powell Guides to 50 in December

Fed Chair Jerome Powell signaled the pace of rate hikes would slow and could come as soon as the next meeting in December.

Weekly Insight | November 22, 2022

We issue this week’s Insight somewhat early, given the Thanksgiving holiday, allowing all to hopefully relax and recall those things for which we’re thankful.

U.S. equities were basically flat since our last Insight.

Weekly Insight | November 16, 2022

Stocks Surge on Lower Inflation

Equities surged last Thursday when the Consumer Price Index (CPI) came in lower than expected. The S&P 500 jumped 5.55% on the day, the largest single-day gain since March 2020.

Weekly Insight | November 9, 2022

Consumer Focused Data Week

With consumers representing almost 70% of the gross domestic product (GDP) in the U.S., this week’s economic news gave us a picture of how they are doing.

Five in Five | November 2022

Welcome to Five in Five, a monthly publication from the Investment Team at BTC Capital Management. Each month we share graphs around five topics that illustrate the current state of the markets, with brief commentary that can be absorbed in five minutes or less.