2015 2nd Quarter Equity Comments

August 4, 2015

The second quarter of 2015 brought with it the tenth consecutive quarterly gain for stocks; unfortunately that gain was only 0.3%. After positive economic news helped drive gains throughout much of the quarter, stocks surrendered nearly all of those gains in June when concerns about Greece, China, and Puerto Rico all contributed to a 1.9% drop in the S&P…

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2015 June Insight Report

July 28, 2015

MORE SIGNS OF A SPRING ECONOMIC REBOUND   Economic Data Stronger and more consistent signs of an economic rebound from first quarter weakness were the main themes in June’s data releases (which largely reflect economic activity in May). An upward revision to Q1 2015’s gross domestic product (GDP) growth, from -0.7% to -0.2%, also shed a somewhat more positive light on the prior quarter…  

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2015 May Insight Report

June 11, 2015

STILL WAITING FOR SPRING SNAPBACK   Economic Data May 2015’s economic reports (which largely reflect economic activity in April 2015) extended the recent theme of a slower than expected snapback from the first quarter economic weakness, which was due largely to temporary factors (unusually harsh winter weather in areas of the country, a major West…

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2015 Spring Summer Newsletter

May 20, 2015

Meet Our Investment Team One of the core values of The Trust Company of Virginia is what we call “The Art of Partnership.” Focused exclusively on wealth management and guided solely by our one-on-one client centered approach, one of our major strengths is the close relationship we maintain with each client…

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2015 Spring Forum Luncheons

May 15, 2015

Every spring we have a number of Forums, usually luncheons, where we bring in speakers whom we hope will inform or amuse our clients in each of our locations.  Renee Norman, author of A Million Tiny Things, My Experience in Caregiving, gave touching and practical talks in Richmond and in Williamsburg about all the myriad details involved…

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2015 Richmond Client Event

May 11, 2015

On May 6th, our annual Richmond client event was held at Lewis Ginter Botanical Gardens. Bill Lohmann and Bob Brown, told antidotes from their travels across Virginia in working on their book, Backroads, People, Places and Pies from around Virginia. TCVA employees welcoming our guests.                      Our speakers:…

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2015 1st Quarter Fixed Income Comments

May 4, 2015

The Federal Reserve removed the word “patient” from their forward guidance, effectively making the timing of the first Federal Funds rate change in the last 5 years completely data dependent. Yes, the last time the Federal Funds rate has moved at all was in February of 2010. However, Chairwoman Janet Yellen told us…

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2015 1st Quarter Equity Comments

May 4, 2015

The first quarter of 2015 was eerily similar to the first quarter of 2014 when the Polar Vortex put the economy on hold. This year cold weather was only one factor: a West Coast port strike and the impact of a strong dollar on exports also hindered economic activity, while lower capital expenditures by the…

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2015 March Insight Report

April 23, 2015

April Update | As of March 31, 2015 ECONOMY: WINTER DOLDRUMS CONTINUE WITH SOME EARLY SIGNS OF A SPRING SNAPBACK Economic Data March 2015’s U.S. economic data (which largely reflect economic activity in February 2015) continued the prior month’s trend of weaker than expected numbers that increasingly point to soft growth in the first quarter…

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