Gimbal Capital Management
4th Quarter 2013 Economic Report

4th Quarter 2013 Economic Report

Summary and Outlook Developed economies throughout the world are growing at a snail’s pace. In our country, the Federal Reserve has done a nice job healing the primary wounds lef...

3rd Quarter 2013 Economic Report

3rd Quarter 2013 Economic Report

Summary and Outlook The US economy has grown at an annual rate of 1.8% over the past twelve months prior to 1.5% inflation, which translates into a 3.3% nominal growth rate. To con...

2nd Quarter 2013 Economic Report

2nd Quarter 2013 Economic Report

Summary and Outlook Our economy has been growing at a 1.8% rate over the past three quarters. Adjusting for the estimated “fiscal drag” created by the sequester spending cuts a...

1st Quarter 2013 Economic Report

1st Quarter 2013 Economic Report

Summary and Outlook The growth rate of the US economy and corporate earnings declined in 2012, as consumers’ continue to battle low income growth and high debt levels. At 63%, wo...

AWARD WINNING PERFORMANCE: Gimbal Wins "Top Gun of the Decade"

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Client Letters


December 2015 Client Letter
Jan 7, 2016 | Read →

Stocks and bond prices fell in December as investors digested the implications of higher short term rates. Supply conditions in energy markets also weighed on prices, as OPEC’s d...

November 2015 Client Letter
Dec 4, 2015 | Read →

Stocks edged higher in volatile trade in November and bond prices lost ground as investors adjusted to Fed assurance of a December rate hike. Counter to this year’s trends value ...

October 2015 Client Letter
Nov 4, 2015 | Read →

Stock prices rebounded sharply during October. The S&P 500 TR index climbed 8.44% with beaten down materials and oil & gas shares leading the way. The “risk-on” trade w...

September 2015 Client Letter
Oct 2, 2015 | Read →

The global selloff in risk assets continued during September. The S&P 500 TR index dropped 2.5% compared to a 5.3% decline in the global EAFE index and 3.3% decline in emerging...

August 2015 Client Letter
Sep 6, 2015 | Read →

Stock prices corrected during August. From its closing peak of 2,128 on July 20 the S&P 500 index lost 12.25%, closing at 1868 on August 25 with an intraday peak-to-trough decl...

July 2015 Client Letter
Aug 4, 2015 | Read →

The S&P 500 TR Index rose 2.10% during July, offsetting June’s loss and raising its YTD gain to 3.35%. Bond prices also rallied as long term interest rates fell steadily duri...

Economic Reports


4th Quarter 2013 Economic Report
Feb 4, 2014 | Read →

Summary and Outlook Developed economies throughout the world are growing at a snail’s pace. In our country, the Federal Reserve has done a nice job healing the primary wounds lef...

3rd Quarter 2013 Economic Report
Oct 2, 2013 | Read →

Summary and Outlook The US economy has grown at an annual rate of 1.8% over the past twelve months prior to 1.5% inflation, which translates into a 3.3% nominal growth rate. To con...

2nd Quarter 2013 Economic Report
Jul 2, 2013 | Read →

Summary and Outlook Our economy has been growing at a 1.8% rate over the past three quarters. Adjusting for the estimated “fiscal drag” created by the sequester spending cuts a...

1st Quarter 2013 Economic Report
Apr 12, 2013 | Read →

Summary and Outlook The growth rate of the US economy and corporate earnings declined in 2012, as consumers’ continue to battle low income growth and high debt levels. At 63%, wo...

4th Quarter 2012 Economic Report
Jan 4, 2013 | Read →

Summary and Outlook President Obama was reelected by a wide margin in electoral votes, yet the margin of victory by popular vote was a slim 4%. Republicans retained control of the ...

3rd Quarter 2012 Economic Report
Oct 3, 2012 | Read →

Summary and Outlook Developed nations throughout the world are in a slump. Our economy is stumbling along at 1.3% growth as consumers use surplus cash to reduce debt, and a strong ...

Get To Know The People of Gimbal

  • Daniel McAdams, President Chief Investment Officer
    Daniel McAdams, President Chief Investment Officer

    Mr. McAdams’ resume includes extensive experience in the areas of finance, investments, business operations and management. This foundation of experience includes nine years of c...

  • David Hodge, CFA Portfolio Manager
    David Hodge, CFA Portfolio Manager

    Mr. Hodge joined Gimbal Capital Management in 2004. Previously, he worked for the Michigan Department of Corrections as a sales representative and was a licensed life & health ...

  • Charles Ybema, Security Analyst
    Charles Ybema, Security Analyst

      Charles is a Security Analyst and member of the Portfolio Management team. Prior to joining Gimbal in 2014, Charles was a college professor of economics, finance and account...

  • Mary McAdams, Customer Relations & Office Administration
    Mary McAdams, Customer Relations & Office Administration

    Mary joined Gimbal Capital Management during 2007 after serving for three years as the Customer Service Manager for Falcon Waterfree Technologies and thirteen years as Credit Manag...

Gimbal Capital Management

About GIMBAL CAPITAL MANAGEMENT

Gimbal Capital Management provides investment management services to high net worth individuals. For the past eleven years we have focused on managing balanced investment portfolios and building Gimbal into a company that will endure for many years to come.

What's a GIMBAL?

Gimbal noun \ `gim-bəl \ Invented by Philo of Byzantium, a gimbal is a mechanical device used to keep objects stable, made of two or more rings mounted at right angles. Compasses mounted with three gimbals provide three-dimensional stability.

At Gimbal Capital Management, we apply the principles of asset allocation and security selection using a disciplined and proven investment process. These are the "gimbals" we use to generate consistent returns for our clients, regardless of the market environment.

4364 Liberty Square Grandville, MI 49418
(616) 257-6700