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 ...
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 ...
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 ...