April 2013 Market Commentary

The Economy

The U.S.

Now five years past the height (or trough, as it were) of the sub-prime crisis, the U.S. economy continues to fight on.  Like a weary boxer enduring countless rounds of punches, the economy battles through bad headlines and government uncertainty.  The latest data revealed that the U.S. economy grew at a 2.5% annual pace in the first quarter of 2013.  While this growth is higher than other recent readings, it was nonetheless below expectations

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