Charts & Chat - March 9, 2025

Eric Boyce • March 9, 2025

This week, CEO Eric Boyce, CFA discusses:

1. data has been mixed as of late, reflecting some anxiety, uncertainty and conservatism on the part of both business and consumers

2. economic growth softening, although recession calls remain mild.  Eyes wide open, however...

3. other data, including the ISM Services PMI, remain solidly in expansion territory

4. Fed may bein a tough spot on near term rate cuts, given the sustainability of announced tariffs. Desire to cut in anticipation of slower growth may be pre-empted by near term effect of tariffs, to the extent they are sustained...

5. generational look at income, economic power, retirement assets

6. equity market trends, including recent test of 200 day moving average and moderation in earnings estimates

7. volatility up, international return expectations higher than US large growth




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