House Speaker Nancy Pelosi Directs Several Committees to Begin an Impeachment Inquiry… The news isn’t financial exactly, but it definitely weighed on the markets. When the story broke, the Dow Jones ...
Week In Review – September 24 2019
The Federal Reserve Cut Interest Rates 0.25%... The Fed Funds rate now stands at 1.75% to 2.00%. What it means – The vote was 7 to 3, which isn’t great. Two of the dissenters wanted to hold rates ...
Week In Review – September 16 2019
Retail Sales Rose 0.4% in August... The print doubled expectations of 0.2% growth and was largely driven by auto sales. What it means – Last month, retail sales rose an impressive 0.8%. If you ...
Week In Review – September 3 2019
Trump Trade War Show Continues… Last Friday, President Trump responded to retaliatory tariffs by the Chinese by raising the tariffs he’d already declared, and ordering companies doing business in ...
Headwinds Building
While President Trump recently stepped across the invisible line called the DMZ, the economy crossed its own invisible line. At 121 months, the current economic expansion is the longest on record. It ...