Alhambra Research Note: The Infirm Economy Plods On

By |2012-07-06T11:08:18-04:00July 6th, 2012|Economy, Markets|

By John L. Chapman, Ph.D.    July 6, 2012     Washington, D.C. The new data on the economy this week suggest continued growth – in the 1.4-2.2% per annum range. Events in Europe will continue to have an outsized effect on investor psychology in the U.S., capping the upside to growth and valuations both.  And, 2nd quarter corporate profits will be telling.  [...]