Reopenings Fuel Job Growth – March 8, 2021
Hiring accelerated last month as restaurants and other firms in the leisure and hospitality industry reopened amid a drop in daily Covid cases. The U.S….
Hiring accelerated last month as restaurants and other firms in the leisure and hospitality industry reopened amid a drop in daily Covid cases. The U.S….
The economy is off to a strong start in 2021. According to a closely followed GDP tracking model, GDP is tracking at a 10.0% annualized…
Longer-term Treasury bond yields have been rising, with the yield on the 10-year Treasury hitting a one-year high last week (US Treasury Dept. data). It…
The Federal Reserve has pledged to hold its key lending rate, the fed funds rate, at near zero for an extended period. Short-term interest rates…
After languishing near the end of last year, the economy is showing tentative signs that growth is beginning to pick up. Economic forecasting is sometimes…
U.S. Gross Domestic Product (GDP) is the largest measure of economic activity. It expanded at a record 33.4% annualized pace in Q3 and a slower…
Still-low interest rates, fiscal stimulus and talk of more stimulus, new vaccines, and economic growth have been credited for the stock market’s powerful performance. While…
Interest rates remain low, and talk of another injection of government cash into the economy has added to the party-like mood on Wall Street. But…
Nonfarm payrolls rebounded in January following a decline in December, but the pace remains below what’s needed to quickly drive employment back to pre-Covid levels….
As January goes, so goes the year, according to the January market indicator. But is the theory popularized by the Stock Trader’s Almanac correct? When…