1Q 2015 Economic & Market Review

April 22, 2015

Our Investment Research team recently published its first economic review of the year, discussing market activity within the first quarter of 2015.

The report shares key points of interest from the first quarter, including the resurgance of the U.S. dollar, the decline in oil prices, and China’s announcement of about 7% GDP growth. Our research team further details a timeline of important events from the quarter as well as an economic scorecard, discussing the trends within unemployment, housing starts, and consumer spending, among other key indictors. Additionally, you will find reviews of our domestic, international, equity and fixed income market.

Investment and insurance products and services are not a deposit, are not FDIC- insured, are not insured by any federal government agency, are not guaranteed by the bank and may go down in value. Opinions and estimates offered constitute our judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, accounting, legal or tax advice.