Trustmark Wealth Management provides access to asset management and asset allocation strategies through Trustmark Investment Advisors, Inc., a wholly-owned subsidiary of Trustmark National Bank and a division of Trustmark Wealth Management.
Click to read the latest commentary.
June 15, 2018 - U.S. Consumer Prices increased 0.2% in May, and 2.8% in the year ended May. Core CPI was up 2.2% year-over-year. Producer Prices were up 0.5% in May and up 3.1% in the year ended May. Core PPI was up 2.4% year-over-year. Industrial Production was relatively flat for May, with Capacity Utilization at 77.9%. Retail Sales were up 0.8% for May, further underscoring the strength in the U.S. economy. The most recent FOMC meeting resulted in increases in future inflation expectations and an increase in the Fed Funds rate range to 1.75% - 2.00%.
Not FDIC Insured |
Not Bank Guaranteed |
May Lose Value |
|
Not Guaranteed by any Government Agency |
Not a Bank Deposit |
||
THIS WEBSITE IS NOT DIRECTED TO PERSONS OR ENTITIES OUTSIDE THE UNITED STATES.
Commentaries
June 01, 2018
U.S. Real GDP Growth came in at 2.2% for the first quarter of 2018, in line with consensus estimates. The GDP Price Index came in at 1.9%, also in line. All of the manufacturing indexes (PMI, ISM and Chicago) were nicely expansionary for May, at data points ranging from 56.7-62.7. Consumer spending and construction spending for April were up 1.8% and 7.6%, respectively. Finally, the U.S. Unemployment Rate came in at a new low of 3.8% for May.
Read More
May 25, 2018
U.S. New Single-Family Home Sales came in at a 692,000 annualized unit rate versus 677,000 consensus. The PMI Composite Flash Index came in at 55.7 for Services and 56.6 for Manufacturing for May.
Read More