Newbury Capital Management is a privately held investment advisory and wealth management firm created to service the needs of high net worth individuals/families and institutional investors. Through an unwavering focus on risk management, unbiased portfolio construction, and intelligent planning, Newbury helps investors plot a roadmap to financial success – both today and for the future.
At Newbury Capital Management, we treat our clients with courtesy and integrity. We provide honest financial advice backed by our years of experience and proven track record. We strive to earn our clients' trust in every aspect of the advisory relationship. We use leading technologies to ensure instant access to the financial world. Our commitment is to provide the highest level of satisfaction in your investment advisory and wealth management experience with our firm.
Notes from the Research Desk
June 1, 2015
Last week was the first weekly loss in a month, but investors seem to have shifted their focus to re-acceleration of earnings in Q2. So far, it looks a lot like last year with a slow Q1 followed by strong Q2-Q4. We'll see if the pattern holds again this year.
Real GDP should be about +2.5%, not too hot and not too cold. We'll also see if the weaker-than-expected jobs number in March was an aberration or a trend. Expectations for April jobs is +200,000. Earnings in Q1 were pretty decent at +2.2% despite the continued weakness in the energy sector. Q2 estimates have come down, mainly due to the aforementioned energy weakness.
Ducks out of the Stanley Cup Playoffs. USC baseball eliminated from the College World Series and UCLA softball out of the Women's College World Series. But UCLA's baseball team is still alive and trying to bring another title to LA.