Pre- and post-election, people have been asking us for our take on President-elect Trump’s economic and tax policies.
As his positions become actions in 2017, we at SageBroadview will continue to evaluate them and incorporate what we learn into our personalized advice. Come what may, a best first step into the future begins with a solid understanding of where we stand today.
To that end, we thought it would be useful to share a few, data-based insights about our current economic climate. For that, there’s nothing like a good visual to form a clearer picture, without having to get too deep into the numerical weeds.
Starting today, we’ll be sharing a series of quick-take charts on a handful of economic and tax-planning realities over the next few weeks. The charts come to us compliments of independent economist Fritz Meyer, a seasoned economic and markets analyst whose insights appear regularly on CNBC, Bloomberg TV and the Fox Business Network.
Each of our “Economic Edge” installments should take less than a minute of your time. We hope you’ll find them of interest – they may even challenge some of your assumptions about our current climate.
Enjoy! And reach out to us if we can go over any of the findings we’ll be presenting.
Per Economist Fritz Meyer, “The bottom line on the whole array of forward-looking economic data, as captured by the latest index of leading economic indicators released October 20, 2016, is continued growth ahead, according to the Conference Board.
The big picture significance of this chart is that the LEI has historically rolled over very definitively prior to recession. There’s no suggestion of that kind of pattern at present.”
Clicking on the chart will maximize it in your browser.