303.293.3680 | connect@pcm-net-com
303.293.3680 | connect@pcm-net-com
The following documents are provided for convenience as Adobe® PDFs, available for download.
January 2020
The economy has averaged 2.3% growth before inflation, since the recession ended over 10 years ago. Peak growth occurred earlier in the expansion. . .
November 2019
In August 2019, Jyske Bank in Denmark began offering 10-year mortgages with negative interest rates of -0.5%. Most of us find it hard to comprehend a negative-rate mortgage. . .
August 2019
The yield curve recently inverted for the first time in over a decade. Does it predict recessions?
July 2019
Real GDP growth in the first quarter registered a surprising 3.1%, surprising because of expectations for a more meaningful slowdown. . .
April 2019
Over the last year, each quarter's economic growth has been less than the prior quarter (4.2% Q2, 3.4% Q3, and 2.2% Q4). . .
January 2019
The US economy's rate of growth will slow along with other economies, according to most forecasters.. . .
July 2018
High valuations imply low returns over an extended time period and/or large declines.. . .
April 2018
Allocation: Our overall allocation strategy is defensive because of high valuations of both stocks and bonds. High valuations imply low returns over an extended period of time. . .
January 2018
The economy appears to have significant momentum after posting growth of 3.1% in the second quarter and 3.2% in the third quarter. As illustrated below, growth may exceed 3.0% again. . .
October 2017
Last quarter, we shared a brief introduction to our stock market dashboard. In this memo, we provide more details on the underlying indicators. . .
July 2017
The trend in U.S. Economic growth will average close to 2%. After a weak 1.4% in the first quarter, second quarter growth will be between 1.9% and 2.7%. . .
January 2017
The trend in U.S. Economic growth will average close to 2%. The upside has improved, but risks have increased. The reasons for slow growth include an aging population. . .
December 2019
For more advisory information about the qualifications and business practices of Paragon Capital Management visit the Securities and Exchange Commission (SEC); website at www.adviserinfo.sec.gov.