Economic Outlook: July 2009

Economic Outlook: July 2009

by Fred Ruopp Fred Ruopp, a veteran investor named one of the Top Value Managers in the country, a serious Catholic,  and founder of Chelsea Management, Fred Ruopp, Sr., provides a wealth of pithy insights on different economic sectors, beginning with national considerations.  His insights follow: U.S. ECONOMY While U.S. economic activity has not yet…

Economic Outlook: May 2009

Economic Outlook: May 2009

U.S. ECONOMY Preliminary estimates of 2009 first quarter GDP suggest only a slight improvement from 2008’s fourth quarter (-6.1 vs. -6.3); however, the massive federal stimuli coming forward point to a possible leveling and then rebound in the quarters ahead.  Much of the last quarter’s contraction centered on decreases in exports (-30%) and a reduction…

Economic Outlook – September 2008

Economic Outlook – September 2008

U.S. ECONOMY An economy characterized by constrained credit and a retrenching consumer continues to weigh on growth.  Although GDP growth was positive into the third quarter, much of this could be attributed to the tax rebates of the spring.  It is noteworthy that even with this stimulus adding 10.5% in annualized disposable income growth in…