Jay Powell and President Trump are going head-to-head this week as the FOMC meets for its final meeting of 2018. Trump continues to publicly challenge Powell to calm the trajectory of aggressive interest rate hikes. Now the equity markets have turned their back on Powell as well, signaling another rate hike this year may be […]
The third quarter earnings season is wrapping up, with 451 companies of the S&P 500 Index reporting so far and sixteen expected to report this week. Approximately 80% of reported company earnings have exceeding analysts’ expectations, which is in-line with the average of the preceding four quarters yet considerably above the long-term average of 64%. […]
Volatility, the New Normal? Whether you’re watching the bond market or domestic US equities, 2018 has presented more volatility than we have seen in recent years. This can cause investors to question strategy and be tempted to “play” the volatility or move to the sidelines. The yield on the 10-year US Treasury rose 45 basis […]
Parkway will be attending the Life Insurers Council Annuity Committee Meeting on Tuesday, March 6, 2018 – Thursday, March 8, 2018 in Beaver (Pittsburgh), PA. We are honored to be the Premier Sponsor and look forward to presenting on investment strategies while we are there.
One of the local organizations that we support in part of our “Helpers of People” initiative is Pregnancy Resources of Abilene. Pregnancy Resources of Abilene is a nonprofit Christian organization dedicated to promoting and defending the sanctity and integrity of all human life. Some of their services include – – Pregnancy Testing -Pregnancy Verification through […]
At Parkway, one of our strategic objectives is to be known as “Helpers of People.” We not only match our client’s donations to organizations they support but we also give to numerous charitable organizations in our own community. In January 2017, we sponsored a table at the 8th Annual Dancing With the Abilene Stars. A […]
The Next Fed Chair A country’s central bank plays an important role in providing financial regulation and overseeing monetary policy. The person at the helm of the central bank spends a lot of time in the spotlight and is essential in guiding the country through economic cycles. Janet Yellen’s four-year term as the Chair of […]
July 28, 2017 The London Interbank Offered Rate, more commonly referred to as LIBOR, is on its way out the door. Many associate LIBOR with scandals including manipulation and false reporting. To others, it represents the index to which over $350 trillion of financial products reference. Technically, LIBOR is the average lending rate of banks […]
September 24-27, Parkway will be attending the 2017 NAMIC Annual Convention in Denver, Colorado. Theron and his team will be hosting the exciting Green on the Green game where participants of the conference will have a chance to win cash money just for stopping by and playing our game.