Recession Fears Drive Equities Lower... The inverted yield curve and heightened trade war rhetoric raised investor fears of a recession, leading to losses on Wall Street. What it means – There ...
Week In Review – August 12 2019
Risk: Investors seemingly ignore market conditions… At first blush, the stock market looks to be in an unending rising trend. With slowing global economies, corporate profits before taxes haven’t ...
Week In Review – August 5 2019
The U.S. Created 164,000 Jobs in July... The number was just above the expectation of 150,000, but the Bureau of Labor Statistics (BLS) cut the jobs numbers in May and June by 41,000. What it means ...
Week In Review – July 15 2019
Fed Minutes and Chair Testimony Point to Lower Rates… Fed Chair Jerome Powell testified at the House Banking Committee and the Fed released the minutes of its latest meeting. Both emphasized greater ...
Week In Review – July 8 2019
The U.S. Economy Created 224,000 Jobs in June… The jobs number was well ahead of the consensus estimate of 165,000. Unemployment ticked up from 3.6% to 3.7%. What it means – Everyone who claimed ...