This year’s Halloween has been a frightening affair for U.S. markets. The benchmark S&P 500 index dropped 2% since October 31. However, the real issue is that since early September, the major indices have failed to provide upside confidence. The markets are...
The political firestorm is in full swing, yet one sector of society has been alarmingly quiet. For all of last week, the Dow Jones Industrial Average went nowhere, gaining a pitiful 0.2%. Worse, it ended last week on a bum note, down half-a-percent, or nearly 89...
Although the data sourcing is much criticized, the official story remains the same — the labor market, despite some concerns, is trending upward. The latest release from the U.S. Department of Labor confirms this mainstream assessment. The economy added 255,000...
At first glance of data provided by ADP, one of the world’s premiere human resource management companies, the American labor market has been trending in a sharply favorable trajectory. From April of 2001 to February of this year, the month-over-month percentage...
The past week’s market behavior in the venerable Dow Jones Industrial Average is significant for a number of reasons, but primarily, the inability for the index to continue pushing for new heights indicates a misalignment between the political promises of a...
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