The Federal Reserve Bank of Atlanta frequently updates their forecast for GDP growth. Their GDPNow forecasting model provides a current look at economic growth. Recent forecasts for the GDPNow model are available here. GDPNow is also available for download at the App Store.
The Federal Reserve Bank of Chicago has created an app for iPhones and iPads that lets you design your own currency and learn a few fun facts along the way. Read more about it here and download yours at the App Store.
Riskalyze tracks the flow of funds moving in and out of individual accounts on a daily basis. With over $100 billion of assets managed on their platform, this data provides a unique way to track potential trends.
September 4th - 10th
Top three holdings with most money flowing in:
S&P 500 (SPY, RSP, VOO)
Energy (XLE, VDE)
Convertibles (CWB)
Top three holdings with most money flowing out:
Healthcare (IYH, XLV)
7-10 Year Treasury (IEF)
American Electric Power (AEP)
Simply buying the market with the S&P 500 investment vehicles was the consensus call for last week. Overall, Energy allocations were up, while Healthcare was sold. Perhaps showing some reallocations of portfolios, as Healthcare is one of the worst performing sectors year-to-date.
