The Wealth Blog
Jobs, Jobs, and More Jobs – May 6, 2019
As the economic expansion approaches its 10th birthday in July (NBER), the U.S. Bureau of Labor Statistics unwrapped an early present: a strong jobs report…
Surprise – A Rebound in GDP – April 29, 2019
Gross Domestic Product (GDP), which is the largest measure of U.S. economic activity, unexpectedly rebounded in the first quarter of the year, according to preliminary…
Fill ‘er Up – April 22, 2019
Have you pulled into the gas station lately? If so, you’ve probably noticed the cost of filling up the gas tank has risen since January….
Approaching a Record – April 17, 2019
Let’s review the numbers. On Monday April 15th, the S&P 500 Index1 closed within 0.86% of its September 20th high (St. Louis Federal Reserve data)….
Economy Keeps Cranking Out Jobs – April 8, 2019
On the first Friday of every month, at 8:30 a.m. ET, economists anxiously await the jobs’ report from the U.S. BLS. Over a longer view,…
A Kink in the Curve – March 27, 2019
The yield curve plots yields on Treasury bonds with various maturities, typically 1 month to 30 years. Normally, yields rise as the maturity lengthens. Recessions…
When Doves Fly – March 25, 2019
Wednesday’s Fed meeting had four big takeaways. The Fed is projecting no rate hikes this year, down from two at the December meeting. And the…
Navigating the Fed – March 20, 2019
The Federal Reserve’s meeting concludes Wednesday. Virtually no one sees a rate increase from the current fed funds rate of 2.25 -2.50%. On the radar—…
In Like a Lion – March 6, 2019
As we enter March, we are coming up on the 10-year anniversary of the bull market. In the depths of the Great Recession, the S&P…
Let’s All Go! – February 28, 2019
We will be participating in the Spring Home Improvement Show this year! We understand low temperatures and adverse weather might make getting out of the…
Inflation – What’s Hot, What’s Not – February 25, 2019
The Federal Reserve is on hold right now regarding interest rates. How long it remains on hold will depend primarily on the economy. But one…
Mid-Week Notes Feb. 13th 2019
Slow Ride – Q4 Earnings Solid but Growth Set to Stall in Q1 Q4 S&P 5001 earnings are expected to rise 16.5% from a year…