My colleague Sam Millette, director, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Economic Risk Factor Update. Thanks for the assist, Sam! Let’s take a closer look.
The April reports showed signs of continued economic growth heading into spring. More jobs than expected were added in April, and service sector confidence improved modestly during the month. That said, two of the indicators we track in this piece, the yield curve and consumer confidence, remained at a risk level of red during the month.
Given the mixed results, we have left the overall risk level at yellow for now.
View a breakdown of the risks we’re watching in this SlideShare.