◀ The Principal Blog

2017 Mid-year economic outlook



How did the market events from the second quarter of 2017 impact our 2017 outlook? We believe that the world is still in the midst of a synchronized global economic upturn, and that global central banks are synchronizing their communications and may begin to remove some of the massive monetary…

Read more

222,000 jobs in June



This morning, the Department of Labor reported that the U.S. economy added 222,000 jobs in June, well ahead of expectations. The unemployment rate increased to 4.4% because more people were looking for work, a sign of confidence. Wage growth continues to be a concern, only growing 2.5% in June,…

Read more

Recent