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 ...
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 ...
Teeter Totter Market
At the End of Q2 2019 – May was another month of dashed hopes as stocks flirted with prior highs but, exhausted, declined all month. June rallied on the hope that the Federal Reserve would provide the ...
Week In Review – July 1 2019
Dallas Federal Reserve Manufacturing Survey Drops to Three-Year Low… The survey’s general activity index was expected to rebound from -5.3 to -1.0. Instead, it fell further to be -12.1. What it ...
Week In Review – June 24 2019
Federal Reserve Holds Rates Steady, Indicates Rate Cut This Year… The Federal Reserve changed its description of the U.S. economy and gave an updated estimate of rates, implying two rate cuts by next ...
Week In Review – June 3 2019
President Trump Announces Tariffs on Mexican Imports… In an effort to prod the Mexican government to stem the flow of Central American immigrants crossing the nation to apply for asylum in the U.S., ...
Time to Review Risk
Many analysts expected a quicker resolution of the China tariff trade talks. The last Chinese negotiators to arrive in Washington, D.C. had stricken 150 of the previously agreed provisions. All the ...
Week In Review – May 28 2019
Trade War Puts Markets on Edge... President Trump seems to have settled in for the long haul, and a Chinese trade official said the time wasn’t right for a meeting. The markets dropped more than 400 ...
Headwinds Add To Summer Seasonality
The stock market mantra of "sell in May and go away" is not always the best investment policy. However, seasonality does accurately represent difficult months for the stock market more often than not. ...