[PPT] - KEEP CALM AND CARRY ON STRIDER ELASS ECONOMIST TWITTER: PowerPoint Presentation

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KEEP CALM AND CARRY ON

STRIDER ELASS

ECONOMIST TWITTER: @STRIDERELASS

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Source: First Trust Advisors L.P. Note: This chart is for illustrative purposes only and not indicative of any actual investment. The S&P 500 Index is an unmanaged index of 500 stocks used to measure large- cap U.S. stock market performance. Investors cannot invest directly in an index. Index returns do not reflect any fees, expenses, or sales charges. Stocks are not guaranteed and have been more volatile than the other asset classes. These returns were the result of certain market factors and events which may not be repeated in the future. Past performance is no guarantee of future results.

The S&P 500 Index is Up, In Spite of Black Swans

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PRIVATE PAYROLLS, MONTHLY CHANGE

Source: Bureau of Labor Statistics Data Through January 2018

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PART-TIME VS. FULL TIME

Source: Bureau of Labor Statistics Data July 2009 – January 2018

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PERSONAL CONSUMPTION

Source: Bureau of Economic Analysis Data Through December 2017

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Source: Federal Reserve Board. Liabilities of Households & Non-Profits. Horizontal axis represents the years 1990-2017, quarterly data are shown for Q1 1990 – Q3 2017.

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Source: Federal Reserve Board. Liabilities and Assets of Households & Non-Profits. Horizontal axis represents the years 1990-2017, quarterly data are shown for Q1 1990 – Q3 2017.

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AFTER TAX CORPORATE PROFITS & CASH

Source: Federal Reserve Board Data Through Q3 2017

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S&P 500 Index: The Golden Geese at Work

Source: First Trust Advisors L.P. Note: This chart is for illustrative purposes only and not indicative of any actual investment. The S&P 500 Index is an unmanaged index of 500 stocks used to measure large- cap U.S. stock market performance. Investors cannot invest directly in an index. Index returns do not reflect any fees, expenses, or sales charges. Stocks are not guaranteed and have been more volatile than the other asset classes. These returns were the result of certain market factors and events which may not be repeated in the future. Past performance is no guarantee of future results.

For Institutional Use Only. Not For Public Distribution.

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U.S. REAL GDP PER CAPITA 1850-2016

Source: Measuringworth.com, FT Advisors

$2,000 $4,000 $8,000 $16,000 $32,000 $64,000 1850 1865 1880 1895 1910 1925 1940 1955 1970 1985 2000 2015

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MONDAY MORNING OUTLOOK

selass@ftadvisors.com

Any Questions? Feel free to reach out to me: Email: selass@ftadvisors.com Twitter: @striderelass Linkedin: Strider Elass