Week Ending August 26th, 2022 Initial jobless claims below 250,000… Labor market conditions remain tight. What does it mean – This number will not help the fed out as they continue to fight inflation with higher interest rates. Strong labor market… While the numbers do not reflect the labor participation rate, payrolls in red states […]
Week Ending August 19th, 2022 Initial jobless claims improved… Job market continues to be tight and still on the mend. What does it mean – The key takeaway from the report is twofold: first, the initial claims level is still a long way from pre-recession levels; and secondly, this report covers the week in which […]
Week Ending August 12nd, 2022 White House claims inflation is ZERO Percent… Annual rate at 8.5% it is nowhere near zero. What does it mean – Energy surged 7.5% in June and was down 4.6% in July offsetting food prices, rent, and nearly everything you consume to come in at 0% or flat for July. […]
Week Ending August 5th, 2022 Senate works overtime… Yes, when you hear the senate is hard at work over the weekend, you should get scared. Really scared. What does it mean – One thing!!! More spending, more regulation, more debt, higher taxes and fees, and an ever growing, bloated bureaucracy. You and I, the American […]
Week Ending July 29th, 2022 Definitions matter… First they (Government Leaders) did not like the definition of vaccine, so they changed it. Now they (Government leaders) do not like the definition of recession, so they are changing it to fit their needs. What does it mean – Noah Webster, one of our founding fathers and […]
Week Ending July 22nd, 2022 Weaker economic conditions elevated investor fears… Last week we saw a rally in the treasury market. What does it mean – Investors are fearful as signs of a recession are starting to confirm we may already be there and coupled with rising inflation the Fed may push us over the […]
Week Ending July 8th, 2022 Nonfarm payrolls… Increased 372,000 in June. beating the consensus expected 265,000. What does it mean – Overall, good news and really strong numbers for the economy. Payroll gains grew by 539,000 per month in Q1 and 375,000 per month in Q2. The big issue is the participation levels continue to […]
Week Ending July 1st, 2022 Who’s business is it?… Since the beginning of COVID, the shutting down of our economy by government mandates at multiple levels gave in to big government and big business and we gave up a bit of our freedom for the perception of safety. Fortunately, even big business is now speaking […]
Week Ending June 17th, 2022 Excuse the movie titles. It is the first time I have been to a theater since COVID and yes, Top Gun was awesome!!! Buzz Light Year, I mean Inflation… To infinity and beyond. Both bad for business. Ask Disney. Inflation is now pricing the average family out of the parks. […]
Week Ending June 3rd, 2022 Economy Created 390,000 new jobs… Better than expected but growth rate continues to slow. What does it mean – Unemployment up from 3.5% to 3.6%. Yet there are still over 10 million less Americans working today than pre shutdown. If you want a job, you can get one… Job Opening […]