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Thought Leadership

Economic Commentary December 2018

on Jan 23, 2019 1:57:02 PM By | First Affirmative | 0 Comments | Economic Commentary
Economy Moderates — Too Much? By Mel Miller, CFA® | Chief Economist Download PDF The third-quarter economic growth moderated from the torrid second-quarter expansion of 4.2% annualized, reflecting a healthy 3.5% growth rate. Did the pace continue to slow in the fourth quarter or did the economy rebound to the second quarter level? What is my forecast for 2019? My goal is to answer these questions.
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Economic Commentary October 2018

on Oct 23, 2018 11:02:36 AM By | First Affirmative | 0 Comments | Economic Commentary
One for the Record Books By Mel Miller, CFA® | Chief Economist Download PDF In spite of growing trade war tensions, especially with China, one would not expect a robust economic showing during the third quarter. Yet the economy continues the expansion that began in 2009. In fact, I want to highlight a couple of records that were broken in the third quarter.
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Economic Commentary Q3 2018

on Jul 1, 2018 1:18:00 PM By | First Affirmative | 0 Comments | Economic Commentary
The Geo-Political Winds of Change are Blowing By Mel Miller, CFA® | Chief Economist Download PDF In my first quarter Economic Commentary, I stated, “The actions taken the first quarter by the President pose the greatest long-term risk to the economy of any decisions in my lifetime.” Specifically, I shared my concern about the newly enacted tax reform bill, which will add $1.5 trillion to the national debt and the imposition of 25% tariffs on imported steel and 10% on aluminum ran the risk of a full-blown trade war.
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Economic Commentary Q2 2018

on Apr 1, 2018 11:13:00 AM By | First Affirmative | 0 Comments | Economic Commentary
Economic Commentary – April 2018
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Economic Commentary Q1 2018

on Jan 1, 2018 11:06:00 AM By | First Affirmative | 0 Comments | Economic Commentary
Economic Commentary – January 2018
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Economic Commentary Q3 2017

on Oct 1, 2017 10:49:00 AM By | First Affirmative | 0 Comments | Economic Commentary
Economic Commentary - October 2017
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