Q2 2015 Economic and Market Perspectives

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Investors in the U.S. digested a variety of economic indicators over first quarter 2015: some good and some disappointing. While U.S. economic growth moderated somewhat from previous levels, domestic equity and fixed income markets continued to build on 2014’s strong performance as the U.S. economy remains robust in comparison with the rest of the world. The U.S. dollar continued to strengthen versus foreign currencies to the disappointment of domestic multi-national firms reliant on foreign earnings and oil prices fell a further 13% during the quarter to $47.60, its lowest level in six years and down more than 50% since June of 2014.

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