WSJ: Business-Loan Drought Ends for Banks

This WSJ article highlights the acceleration in U.S. bank lending, which had curiously slowed the last couple of years despite solid economic fundamentals. Reasons for the deceleration included political uncertainty leading up to and after the Presidential election, as well as uncertainty regarding healthcare and tax reform. Now with some more clarity around these issues companies are borrowing at a greater rate, a likely positive for economic growth. However, global trade tensions could slow this loan growth just as it is picking up again.

Read the full article in The Wall Street Journal

NYT: A Drug Costs $272,000 a Year. Not So Fast, Says New York State.

It’s time for courts to weigh in on the issue of drug pricing.  As an investor, we want drug companies to earn a strong return on their investment – but using the “value of a life” thesis to justify price is too arbitrary as that might be infinite.

Read the full article in The New York Times

Aureus Attends Beacon Hill Garden Club

A few members of the Aureus team attended the third annual Garden Soiree to kick off their Hidden Gardens tour at King’s Chapel Garden.

Read more about the Beacon Hill Garden Club

BHGS

Squawk Box: Kari Firestone Guest Hosts

Kari guest hosted Squawk Box recently to break down Aureus’ outlook on the markets and the health of the U.S. economy.

Watch the video on CNBC.com

NYT: Profits Are Soaring. The Stock Market Has Barely Noticed.

This article points out what we’ve observed, that U.S. corporations are experiencing very strong earnings and revenue growth but the stock market, which worries and predicts the future, is skeptical that this won’t last.  The tug of war is likely to continue through 2018, but the bulls have the latest upper hand.

Read the full article in The New York Times

CNBC: Interactive Brokers, Mckesson, Constellation Brands, Cheniere…

Kari joins the Halftime traders as they give their top stocks to watch for the second half and discuss the most recent rally in Energy.

Watch the first video on CNBC.com

Watch the second video on CNBC.com