The Wealth Blog
Job Openings Jump Above 10 Million
Job openings surged from 9.5 million in May to 10.1 million in June. It’s the fourth-straight record for openings, according to the U.S. BLS. The…
Payrolls Jump and the Unemployment Rate Hits Pandemic Low
Hiring rose at the fastest pace in almost a year, according to the latest payroll report from the U.S. Bureau of Labor Statistics. Nonfarm payrolls…
A Stock Market Correction Will Happen
A stock market correction is defined as a decline of at least 10% in a major market index. It is inevitable. It will happen. The…
Market Update – August 3, 2021
GDP in Q2 Surpasses Prior Peak but Misses the Mark Gross Domestic Product (GDP), which is the largest measure of goods and services in the…
The Federal Reserve and Inflation – July 28, 2021
As strong earnings reports continue to pour in, investors are turning their attention to this week’s Federal Reserve meeting. Investors have been focused on higher…
An Earnings Season Blowout – July 27, 2021
Investors marched into Q2 earnings season with very high expectations. So far, they haven’t been disappointed. When the second quarter ended, analysts projected that profits…
Investors Gear Up for Blowout Earnings Season – July 20, 2021
Investors are looking at Q2 earnings season with very high expectations. According to Refinitiv, S&P 5001 profits are forecast to rise an astounding 73% versus…
Hotter Inflation – July 19, 2021
The Consumer Price Index (CPI), which was released last week, rose a sharp 0.9% in June, according to the U.S. Bureau of Labor Statistics. The…
Seven Steps to Quickly Pay Down Your College Debt
U.S. student loan debt totals $1.7 trillion. It is an average debt load of $39,351, according to EducationData.org. Yet, simple tools can ease that burden…
Oil Price Gusher – July 12, 2021
If you have been paying attention to the price of gasoline, you know the cost at the pump has jumped. According to GasBuddy, the average…
The Second Half Begins – July 9, 2021
If 2021 were a baseball game, we would be rounding second base and heading for third. A look back at 2021 is encouraging. Covid cases…
Hire and Higher – July 6 2021
The pace of hiring rose at its fastest rate in 10 months, according to Friday’s report by the U.S. Bureau of Labor Statistics (BLS). Nonfarm…