U.S. and China Agree in Principle on Path to End Trade War... The two sides agreed to remove some tariffs in what is being called phase one of the end of the trade war. What it means – The two ...
Week In Review – November 4 2019
The U.S. Economy Created 128,000 Jobs in October... The unemployment rate ticked up 0.1% to 3.6%, still near 50-year lows. What it means – The modest number beat the low expectation of 85,000 jobs, ...
Week In Review – October 28 2019
Impeachment Inquiries Continue, Market Focuses on Earnings... As Democrats held hearings and heard testimonies regarding President Trump’s dealings with Ukraine, investors digested earnings from ...
Week In Review – October 21 2019
Trump Alludes to Trade Deal with China... President Trump said the two sides had agreed in several areas, including protecting intellectual property, and there were just some minor details to work ...
de ja vu
Since mid-2018 the market has been stuck in a trading range. Reality is the market only advances to new highs twenty percent of the time. Eighty percent of investing is like roller coasting – up and ...
Week In Review – October 7 2019
The U.S. Economy Created 136,000 Jobs in September… The unemployment rate fell from 3.7% to 3.5%. What it means – The jobs number fell short of estimates by about 9,000. The big news in the report, ...
Week In Review – October 1 2019
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 10 2019
The U.S. Economy Created 130,000 Jobs in August... The unemployment rate remained steady at a very low 3.7%. What it means – Bad news is once again good news. The jobs number missed the low end of ...