Q1 2016 Economic and Market Highlights

    REPORT EXCERPT: ECONOMY AND MARKET

    Economic Growth: Data showed the pace of U.S. economic growth slowing as real GDP came in at 1.4% in Q4 of 2015, down from 2% in Q3 of 2015. Weakness abroad appeared to be weighing on U.S. economic growth, but a pickup in consumer spending helped offset some of the slowdown. The solid pace in consumer spending underscores the economy’s underlying strength and should ease fears of an impending recession in the U.S.     


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    David Post

    David has been a member of the Telemus team since 2014. As the Chief Investment Officer, David formulates investment strategy and constructs portfolio model allocations for approval by the Investment Committee. David also serves as Chair of the Investment Committee and is a member of all internal research groups. David is a graduate of the University of California, Berkeley, and brings to Telemus more than 34 years of investment management experience serving as Founder, CEO and lead portfolio manager of investment firms serving both institutional and high net worth clients. David enjoys golf, skiing, and cycling, as well as architecture and contemporary art. He also loves to spend time with his wife, two children, and two grandchildren.

    David Post dpost@telemus.com

    PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. Investment decisions should always be made based on the client's specific financial needs, goals and objectives, time horizon and risk tolerance. Current and future portfolio holdings are subject to risk. Risks may include interest-rate risk, market risk, inflation risk, deflation risk, currency risk, reinvestment risk, business risk, liquidity risk, financial risk, and cybersecurity risk. These risks are more fully described in Telemus Capital's Firm Brochure (Part 2A of Form ADV), which is available upon request. Telemus Capital does not guarantee the results of any investments. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, and may lose value.

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