U.S. economy, as measured by the gross domestic product (GDP), grew 3.2% in the first quarter of 2019, accelerating its pace from 2.2% at the end of 2018. The reading came as a surprise to many given it significantly surpassed consensus estimates of 2.3%. The U.S. economy grew at a faster pace, despite the government shutdown earlier in the year and overcoming the fading effects of the tax cuts. The 3.2% GDP reading is strong by any measure; however, the details of the report were a mixed bag.
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Investment Advisory Services are offered through SHP Wealth Management LLC., an SEC registered investment advisor. Insurance sales are offered through SHP Financial, LLC. These are separate entities, Matthew Chapman Peck, CFP®, CIMA®, Derek Louis Gregoire, and Keith Winslow Ellis Jr. are independent licensed insurance agents, and Owners/Partners of an insurance agency, SHP Financial, LLC.. In addition, other supervised persons of SHP Wealth Management, LLC. are independent licensed insurance agents of SHP Financial, LLC. No statements made shall constitute tax, legal or accounting advice. You should consult your own legal or tax professional before investing. Both SHP Wealth Management, LLC. and SHP Financial, LLC. will offer clients advice and/or products from each entity. No client is under any obligation to purchase any insurance product.