Word on Wall Street: Retail Sales and Industrial Production Consistent with a Healthy Economy | Wyncote Wealth Management Group - Around Ambler

Word on Wall Street: Retail Sales and Industrial Production Consistent with a Healthy Economy | Wyncote Wealth Management Group - Around Ambler

MICHAEL J. HALLORAN, CFA | Equity Strategist of Janney Montgomery ScottWyncote Wealth Management Group Highlights for this week include:  • The May retail sales and industrial production reports are consistent with a resilient consumer and  improving manufacturing conditions, and ultimately healthy economic growth.   • The Federal Reserve kept interest rates steady at new Fed Chairman Warsh’s first meeting. They noted  solid economic growth desp…