by Gary S. Morrow | Feb 11, 2019 | Commentary, Market Update
Gallup Poll Highlights: 69% expect their financial situation to improve over the next year Optimism about finances over the next year is almost at a record-high level 50% say they are in better shape financially than a year ago The lede: The 69% saying they expect to...
by Gary S. Morrow | Feb 1, 2019 | Market Update, Uncategorized
Highlights from CNBC: Job growth in January shattered expectations, with nonfarm payrolls surging by 304,000, the Labor Department says. Economists surveyed by Dow Jones had expected payrolls to rise by 170,000. There were revisions. December’s big initially...
by Gary S. Morrow | Jan 4, 2019 | Market Update
The Headline: The U.S. economy added 284,000 manufacturing jobs in 2018, according to the employment report released today by the Bureau of Labor Statistics. That is the largest increase in manufacturing jobs in the United States in 21 years. The last time the...
by Gary S. Morrow | Jan 4, 2019 | Commentary
Biggest beat relative to expectations (312K vs 184K) since 6/5/09, and 6th biggest beat relative to expectations since 1999. Average Hourly Earnings 0.4%, Exp. 0.3% Payrolls to print above 150 million for the first time. Bloomberg economist Tim Mahedy: “This is...
by Gary S. Morrow | Jan 4, 2019 | Charts, Commentary, Market Update
The lede: The U.S. gained 312,000 new jobs in December, capping off the biggest increase in hiring in three years and showing that second longest economic expansion in U.S. history still has plenty of staying power despite growing worries about a slowdown.And what...
