Market Outlook: January 2018

Politics, improving economic news, and strong equity market returns dominated the headlines in 2017. With the S&P 500 Index gaining over 21%, the NASDAQ almost 30%, and the MSCI EAFE (international) up over 25%, equity investors had much to cheer about. Fixed...

Embrace Aging Forum

Make plans to join us on Friday, October 5 for the Embrace Aging Forum. This all-day event looks at aging through a new lens and connects individuals and families to community resources and the top disruptors in aging. This 2nd annual forum will cover transference of...

Gala of Hope

Southeastern Trust is honored to serve as the presenting sponsor for Gala of Hope, benefitting the American Cancer Society. The gala will take place on Saturday, October 13 at the Westin Hotel in Chattanooga. The funds raised through this signature event will help the...

Market Outlook: September 2018

ECONOMIC SUMMARY Economic growth exceeds 4% for second consecutive quarter. Economic growth in the U.S. came in at an annualized rate of 4.2% in the 2nd quarter of 2018 (slightly above consensus estimates) and looks as if it’s on a similar pace for the 3Q18. Growth...

Market Outlook: August 2018

ECONOMIC SUMMARY The current expansion is a year away from becoming the longest in U.S. history. Goldman Sachs studied other countries where growth cycles have lasted more than 10 years (Australia from 1992 to the present; the U.K., 1992-2008; Canada, 1992-2008; and...

Market Outlook: May 2018

ECONOMIC SUMMARY Stronger than expected growth. Gross domestic product (GDP) grew by a surprisingly stronger-than-expected annualized pace of 2.3% in the first quarter of 2018, representing the best first-quarter growth in three years. The Commerce Department’s flash...

Market Outlook: April 2018

ECONOMIC SUMMARY Economic growth revised upward. Economic growth in the U.S. was revised upward to a rate of 2.9% in the fourth quarter of 2017. The slight acceleration in real Gross Domestic Product (GDP) growth came from stronger numbers in consumer spending and...

Market Outlook: March 2018

ECONOMIC SUMMARY In February, the S&P suffered its worst month in two years, falling 3.9% and breaking a record-setting stretch in which stocks had risen for 15 consecutive months on a total-return basis. This happened despite the favorable combination of a...

Market Outlook: February 2018

ECONOMIC SUMMARY Slight deceleration in economic growth. Economic growth in the U.S. was revised downward slightly to a rate of 2.6% in the fourth quarter of 2017. The slight deceleration in real Gross Domestic Product (GDP) growth came from a wider trade deficit...

Market Outlook: December 2017

  ECONOMIC SUMMARY Improving economic growth. Economic growth in the U.S. was revised higher to a rate of 3.3%, its fastest pace since 2014. Consumer spending was revised downward from 2.4% to 2.3% due to the effects of the recent hurricanes. Equipment spending by...

Market Outlook: November 2017

ECONOMIC SUMMARY We believe the probability of some form of tax reform becoming law is rising. The White House’s latest proposal would cut the corporate statutory federal tax rate to 20% from 35%. However, many companies do not pay the statutory rate, as the S&P...

Market Outlook: October 2017

Economic Summary: Improving economic growth. Economic growth in the U.S. was revised upward to a rate of 3.1% in the second quarter of 2017, its fastest pace in almost two years. The continued strength of the economy depends on the recent hurricanes’ potential to slow...

Market Outlook: September 2017

Economic Summary Our nation continues to grapple with the devastating impact of Hurricanes Harvey and Irma, and we brace ourselves for the potential of more hurricanes. Congress agreed to a three-month extension of the federal debt ceiling in exchange for $8 billion...

Market Outlook: August 2017

Economic Summary Economic growth in the second quarter of 2017 increased to 2.6%. This was largely due to increased non-residential investment and personal consumption. An increase in inventories took away from growth while the increase in net exports added to the...

Market Outlook: July 2017

Economic Summary Where are we in the current economic cycle? On the one hand, it seems like the economy has been growing for a long time, which it has. The current economic expansion is in its 96th month vs. the average length of expansions of 47 months since the year...

Market Outlook: June 2017

Consumers plod along. Although the Conference Board’s consumer confidence fell more than expected in May, it remained close to post recession highs. Consumer spending also rose in April, getting the second quarter off on a strong note. However, the pace of spending...

Southeastern Trust is Platinum Sponsor for 2017 Embrace Aging Forum

Southeastern Trust is proud to be the Platinum Sponsor for this year’s Embrace Aging Forum, where Trust Officer Teresa Whitton will also speak on Special Needs Trusts. The forum, hosted by Chambliss Law, will be held July 13, 2017 in Chattanooga, TN. More...

Trust Specialist Gail Davis Awarded CTFA

Congratulations to our Trust Specialist Gail Davis! Gail was recently awarded the Certified Trust & Financial Advisor (CTFA) designation from the Institute of Certified Bankers, a subsidiary of the American Bankers Association. Gail has been a part of...

Market Outlook: April 2017

The first quarter of 2017 was dominated by political headlines, firming economic data, and stronger corporate earnings. After an initial wave of bullish sentiment leading up to and following the inauguration of President Trump, a wave of bearish pessimism swept over...

New IRA Contribution Limits for 2017

The Internal Revenue Service has published IRA contribution limits and provisions for 2017. These limits and provisions impact how you manage your assets for retirement planning in the coming year. Read more details...