Initial Jobless Claims Turn Up, Continuing Claims Reach 1.71 Million, Highest Level Since February… Initial jobless claims inched up from 216,000 last week to 225,000. What it means— The initial ...
Week In Review – January 11 2021
Democrats Sweep Georgia Senatorial Races and a Crazy Day at the Capitol… Democrats won both senate runoffs in Georgia and protesters stormed the U.S. Capitol as the Senate counted electoral votes, ...
Week In Review – November 30 2020
Biden Selects Yellen for Treasury, Markets Soar… Investors cheered not only the third potential vaccine for COVID-19, but also Biden’s pick for Treasury Secretary, ex-Federal Reserve Chair Janet ...
Week In Review – September 14 2020
Fast two-week market drop as V recovery fades… Pessimistic reports on the economy, employment and vaccine progress resulted in investors shedding positions to capture profits and protect ...
Week In Review – January 13 2020
The U.S. Created 145,000 Jobs in December, Missing Expectations of 165,000... The unemployment rate remained at 3.5%. What it means – A miss of 20,000 jobs in an economy of more than 150 million is ...