Aug 8, 2021 | Wealth Management
The U.S. labor market brightened in July with its biggest increase in employment in almost a year, highlighting optimism about the economic recovery. The 943,000 jobs added mark a big step toward the Federal Reserve’s goal of “substantial” further progress justifying...
Jul 25, 2021 | Wealth Management
After a yearlong delay due to Covid-19, the 2020 Tokyo Olympics are finally underway despite withdrawals from many high profile athletes. The Games, the first ever without spectators, promises to be among the strangest and most fraught in history. The opening...
Jul 4, 2021 | Wealth Management
The stock market applauded the Jobs report on Friday that showed strong payrolls – but with enough concerns to keep the Fed on hold. The Nasdaq led, posting a weekly gain of 1.9%, followed by the S&P up 1.6% and the Dow trailing, but still up 1%. With the...
Jun 7, 2021 | Wealth Management
While meme stocks dominated news coverage this week with their wild price swings, the stock market got the jobs report it was waiting for, as May’s payrolls growth came in short of expectations and led investors to conclude that the Fed would not trim its bond...
May 16, 2021 | Wealth Management
Last Friday’s weak jobs number gave a false sense of security to those who were worried about rising inflation. But, this week, the numbers tell a different story. Wall Street has come to realize that weak jobs numbers are not due to people not finding work, it is...
May 9, 2021 | Wealth Management
The Friday U.S. jobs report was a reminder that things are not quite back to normal. Unemployment ticked up to 6.1% as businesses added just 266,000 jobs in April—well below expectations of one million. The negative report, coupled with March’s downward revisions, ...
