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 August reports showed signs of slowing economic growth to start the second half of the year. Hiring remained solid in August, marking 32 consecutive months of job growth. Additionally, service sector confidence improved. That said, the yield curve remained in red territory, and consumer confidence declined.
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.