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 ...