The United States is at the midpoint of a W-shaped economic recovery entering the second half of 2010, an economist said Wednesday night during a speech at IBC Bank's Annex Building.
Jeffrey Kleintop, senior vice president and chief market strategist of LPL Financial with offices in Boston, Charlotte and San Diego, said he expects the Federal Reserve to raise interest rates in the second half of this year.
As for Texas-Mexico region economics, Kleintop said a lot of growth has come from exports.
For more on Kleintop's speech, be sure and pick up a copy of Thursday's Laredo Morning Times.
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