WrapManager's Wealth Management Blog
When life changes, we can help you thoughtfully respond.

Signs of Future Growth After Tough First Half - Alliance Bernstein

Posted by Michael J. O'Connor | CWS®, Vice President Investments
July 11, 2011

Money manager Alliance Bernstein discusses slower than expected growth during the first half of the year and makes a prediction for the coming second half. "US economic growth fell short of our forecast in the first half, owing to unexpected weakness in construction and defense, a spike in energy prices and supply disruptions. We expect faster growth in the second half, driven by gains in auto output and strong liquidity flows - if job markets gain traction."

AllianceBernstein LP