Initial Jobless Claims Stuck at 1.3 Million… Initial jobless claims eased by just a few thousand people, as another 1.3 million filed for jobless benefits for the first time. What it means— There ...
Week In Review – June 15 2020
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 – 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 ...
Week In Review – March 16 2020
Coronavirus Infects Equities, Kills Bull Market… It took 16 trading days from the February 19th record high for the S&P-500 to fall 26%. The 11-year bull market has come to an end. What it ...
Week In Review – January 21 2020
The U.S. and China Signed Phase 1 of Trade Deal... The U.S. will restrain from more tariffs and the Chinese will better protect intellectual property and buy more U.S. goods and services. What it ...