May Jobs Report

Stocks closed higher last week with the S&P 500 rallying 1.8%. The index is now up 11.5% year to date, up 19.7% from its October 12 closing low of 3,577.03, and down 10.7% from its January 3, 2022 record closing high of 4,796.56. Almost every day, we get monthly updates on a handful of economic...

If you've been taking part in this wild AI rally, then you're likely doing very well and believe there's more upside to come, or you would hope. This market can continue to extend well into being overbought as it did in early February 2023 before reversing and making new 2023 lows in...

Those that remember the 2007 - 2009 Great Recession brought on by high risk mortgage lending may remember that two of the biggest investment banks, Bear Stearns and Lehman Bros., collapsed in similar fashion roughly 6 months apart. Since the SVB, Signature, and First Republic Bank collapses, there...

We live in a nation that has weathered many storms and the current one forming on the horizon will also get a catchy name before it makes an impact. With the FED having received PCE figures last week, the next report up for their assessment is the May Jobs Report coming this Friday at 8:30 AM EST....

Today’s much weaker-than-expected May jobs report is getting a positive read by many as more evidence that the Fed can go ahead and cut rates. However, keep in mind that a rate cut means the economy is slowing, which isn’t necessarily a good thing. The U.S. job creation machine...