Granite Group has been stating all year that subpar growth will be persistent. Today, the IMF lowered it’s 2014 growth...
Granite Group
Recent Posts
Second Quarter Growth
Jun 2, 2014 1:03:28 PM
After the writing of the blog, the ISM manufacturing index was revised for the second time, today. The new number is 55.4,...
Interest rates have nowhere to go but up!
May 19, 2014 11:30:14 AM
Since the financial crisis of 2008, we have seen interest rates come down and stay down. The fed, with their continuous...
Winter doesn't bring April showers to the economy
May 13, 2014 10:42:28 AM
This morning retail sales for April came in well below the forecast. The commerce department reported that retail sales were...
The economy is improving
May 6, 2014 10:02:36 AM
First quarter’s GDP report came in at 0.1% growth which was not expected to be that low, but all the pundits blamed the...
Earnings Scorecard
Apr 22, 2014 12:28:08 PM
Granite Group has discussed market valuations and earnings driving this market forward many times this year. According to...