The Federal Reserve Expects to Hold Rates at Zero for Years… At their regularly scheduled meeting, the bankers unanimously agreed to hold rates at zero while buying more bonds. What it ...
Week In Review – June 8 2020
The U.S. Gained 2.5 Million Jobs in May, Trouncing Expectations for Millions More Job Losses… The unemployment rate was expected to jump from 14.7% to 20.5%, but instead it dropped to 13.3%. What ...
Week In Review – June 1 2020
Another 2.12 Million People Filed for Initial Jobless Claims… The nine-week total now stands at 40.7 million people. What it means— With states reopening their economies, many investors ...
Week In Review – May 26 2020
Another 2.44 Million People Filed for Initial Jobless Claims… The eight-week total now stands at 39 million people. What it means— When does 2.44 million people filing for initial unemployment look ...
Week In Review – May 18 2020
Another 2.98 Million People Filed for Initial Jobless Claims… That brings the seven-week total to 36 million people who filed a claim since the shutdown began. What it means—It’s great to see the ...