Fisher Investments has released a recap of the major economic news from last week. The report highlights key data points from the US, UK, and Japan, including US consumer prices, UK GDP, and Japanese economic data. The purpose of the report is to provide investors with a comprehensive understanding of the latest economic developments, allowing them to make informed decisions about their investments.
The University of Michigan (U-Mich) released the preliminary May results for its widely watched consumer sentiment survey last Friday. The survey measures consumer confidence in the economy and is seen as a leading indicator of consumer spending. The report showed that US consumer sentiment had increased to its highest level in over a year, indicating that consumers are becoming more optimistic about the economy.
The UK's Office for National Statistics (ONS) published its first estimate for Q1 GDP Friday, showing 0.1% q/q growth. The growth was weaker than expected, reflecting the ongoing impact of Brexit uncertainty on the UK economy. However, the report also showed that the UK economy had avoided a recession, which had been a concern in the lead-up to the release of the data.
At Fisher Investments, the company is driven by a commitment to doing better. This means better outcomes for clients, better practices for the industry, and better opportunities for employees. When investors partner with Fisher Investments, they become part of a global network of professionals who are committed to excellence and innovation.
Fisher Investments believes that a new bull market is near or already underway. The company's investment philosophy is based on the idea that equities that fell the most during the downturn have led the recovery so far, and are likely to continue to do so in the future. This means that investors who are looking to capitalize on the current market conditions should focus on investing in these types of equities.
One day after the US Consumer Price Index (CPI) hit the wires, the US Bureau of Labor Statistics released its business cousin—the Producer Price Index (PPI). The PPI measures the average change over time in the prices received by domestic producers for their output. The report showed that producer prices had increased by 0.6% in April, indicating that inflationary pressures are starting to build in the US economy.
Fisher Investments has announced that it is moving its headquarters from Camas, Clark County to Texas. The move is in response to a capital gains tax that was recently passed in the Washington state supreme court. The tax is expected to have a significant impact on Fisher Investments and other companies based in the state.
Founded in 1979, Fisher Investments is a well-known investment advisory firm. However, many investors are unaware of the services that the company offers and the benefits of working with a professional investment advisor. Fisher Investments provides a wide range of services, including portfolio management, financial planning, and retirement planning, to help investors achieve their financial goals.
In conclusion, Fisher Investments' recap of the major economic news from last week provides investors with a valuable resource for staying up-to-date on the latest developments in the global economy. The report highlights key data points from the US, UK, and Japan, and offers insights into the current market conditions and investment opportunities. As a leading investment advisory firm, Fisher Investments is committed to helping its clients achieve better outcomes through innovation, excellence, and a commitment to doing better.