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The Strategic Times: Sequencing - The Economic Story Unfolds

The latest update on the growth in the economy stood at 3.1% for the third quarter of 2012. This was significant considering the first quarter was at 2.00% and 1.3% for the second quarter. While the number was significant, it also fell into a period when worry and concern dominated the headlines. The election results caught some investors off guard, but they soon got their sea legs and the economy has seemed to have continued its rise toward year end. Since the end of the recession, June 2009, the average Gross Domestic Product (GDP) growth rate is 2.1%. While this is below historical recoveries, we believe it is not unexpected considering the length of the last recession and global headwinds from Europe, China, Japan and the Emerging Markets.


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Effective, June 10, 2016, please note that Gene Peroni left Advisors Asset Management (AAM) to become President of Peroni Portfolio Advisors, Inc. Peroni Portfolio Advisors, Inc. ("PPA") is an investment advisor independent of AAM.