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Petroff Institutional
- Financial Services
- Seattle, WA
About this business
Petroff Institutional LLC is located at 11527 Durland Ave Ne, Seattle, WA. This business specializes in Business Services.
Location details
11527 Durland Ave NE, Seattle, WA, 98125, United States
Get directions| Weekday | Schedule | Status |
|---|---|---|
| Mon | 9:00 a.m. to 6:00 p.m. | |
| Tue | 9:00 a.m. to 6:00 p.m. | |
| Wed | 9:00 a.m. to 6:00 p.m. | |
| Thu | 9:00 a.m. to 6:00 p.m. | |
| Fri | 9:00 a.m. to 6:00 p.m. | |
| Sat | Closed | |
| Sun | Closed |
August Strategic Asset Allocation Review Concerns over a slowdown in China seem to be a bit overblown given the underlying strength of the US economy. GDP was recently revised upwards, home prices are rising, construction spending is up, and manufacturing is still growing. Employment conditions may be sub-optimal, but they are generally improving and wages are growing on a real basis. Wage growth should help bolster consumer spending even though personal rates are relatively high for a period of strong GDP. Furthermore, the ... read more
If the sequester cuts, ongoing fiscal uncertainty, and payroll tax increase have not driven GDP growth negative by now, they are not likely going to. Most Fed districts are reporting moderate growth since the last report and that economic conditions are generally improving. Other economic indicators are positive and it seems GDP will continue growing for the time being. Read our most recent research repot: http://www.petroffinstitutional.com/current-research/
Moreover, there is the greater fool theory at play, in that valuations can always go higher before a market correction occurs. This is how bubbles set themselves up to pop.
There is a common misconception that because the markets are not actively falling, the forces to precipitate such an event are not out there, when in fact they are.
Food, medicine, transportation and the cost of renting are rising faster than CPI, which is a very important consideration given household budgets are tight amid a weak jobs market and deteriorating real quality of life. This makes the economy far more susceptible to prices driving demand downturns, as higher costs for daily items have an increasingly large impact on discretionary spending.
During these times people tend to ignore mounting warning signs and instead focus on key news events or technical indicators of widespread selling.
Frequently asked questions about Petroff Institutional
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When is Petroff Institutional open?
Petroff Institutional is closed now. It will open at 9:00 a.m.
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