TURN OBSERVATION INTO UNDERSTANDING

Keep track of the big-picture trends and economic issues that drive the markets. Turn to our market perspectives for an overview of recent market activity and our expectations for the months and years ahead.

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Q1 2014 Market Update and Economic Review

In the first quarter of 2014, the U.S. economy’s momentum slipped as bad weather and volatility overseas restrained consumers and businesses, diminishing hopes for an early-2014 breakout in growth. Gross domestic product (GDP), the broadest measure of goods and services produced across the economy, decelerated in the final quarter of 2013, growing at a seasonally adjusted annual rate of 2.6%.

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