The Economy We are at an inflection point. The economy is sputtering and showing signs of unexceptional growth. Last week, the Commerce Department released that employment increased by 1.2 million jobs and the unemployment rate fell to 10.2%. Also, the ISM Manufacturing survey moved to 54.2, underscoring some growth in manufacturing. However, sustained economic growth […]

The Economy “Money, it’s a crime share it fairly, but don’t take a slice of my pie” – Pink Floyd The U.S. Economy contracted at an unprecedented rate last quarter as the coronavirus was bearing down on countries around the globe. The Commerce Department reported last week the U.S. gross domestic product declined -9.5% compared […]

An Update on Earnings Season The S&P fell -0.28% last week, while the NASDAQ bounced off all-time highs and fell -1.33%. Year-to-date, the NASDAQ is up 15% and the S&P is down less than -1%. Earnings season continues to reveal terrible results due to the impact of the virus, as expectations on S&P 500 earnings […]