Latest Economic Review: Sunpointe Illuminations

Lisa Green

Investment Advisor

Lisa is a Senior Investment Advisor at Sunpointe Investments. Her experience includes a Chief Investment Officer role for a single-family office based in New York, focusing on all aspects of the investment and due diligence process and is responsible for oversight of the family’s investment portfolio across all asset classes.

Prior to this role, Lisa was a wealth management adviser and private banker at both Credit Suisse First Boston and Donaldson Lufkin & Jenrette. Lisa earned her MBA in Finance from The Wharton School of Business at The University of Pennsylvania and graduated from Northwestern University with a BA in Economics and a minor in French.

You can expect personal, proactive attention from your dedicated team:

Michael Pompian

Founder, Chief Investment Officer

CFA®, CAIA, CFP®

Jack Dwyer

President

CFA®, CAIA

Douglas A. Nelson

Managing Director & Private Wealth Advisor

Matthew Zeigler

Managing Director & Private Wealth Advisor

Jocelyn Hillis

Director of Operations

Lee Boudouris

Senior Associate

Angela Pompian

Chief Compliance Officer, Investment Advisor

Benjamin Tuscai

VP of Financial Planning & Private Wealth Advisor

Shanglin (David) Zou

Finance Operations Associate

Lisa Kearns

Wealth Management Client Associate

Kristine Bailey

Senior Registered Client Associate

Scarlett Ni

Operations Analyst

Insights

May Illuminations Economic Review

U.S. economic growth slowed in Q1 to a 1.6% annualized rate, below the consensus 2.4% estimate and the higher growth rates posted during the second half of 2023. Consumer spending increased 2.5% in the period, down from a 3.3% gain in Q4 and below expectations. Fixed investment and government spending at the state and local levels helped keep GDP positive for the quarter, while a decline in private inventory investment and an increase in imports subtracted. Net exports subtracted 0.86 percentage points from the growth rate while consumer spending contributed 1.68 percentage points.