Investment Management – Second Quarter 2015
Greek debt crisis! China stock crash sparks contagion fears! Puerto Rico’s debt crisis in danger of crushing the economy! Economic collapse headed for U.S. in 2015! Do you recognize these headlines?
It’s a reality that the U.S. economic recovery has been sub-par when compared to prior expansions. However, following the pattern of 2014, economic activity in the United States is likely to gain speed for the rest of the year. Profit margins remain close to record highs, allowing management to increase dividends and repurchase shares. Companies are engaging in acquisitions to buy growth otherwise unavailable organically.