Market Commentary

Jobs

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interest rates

You cannot help but comment on this morning’s jobs report. It was almost twice as strong as expected at 312,000 new jobs created for December. For October and November the numbers were revised up by about 100,000. Meanwhile the unemployment rate went up, not down, to 3.9% from a 40 year low of 3.7%. A […]

Market Commentary

China Slowdown

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gap graph

China has suffered through a bear market in stocks all year, and now within the last few months, their factories are showing the slowdown stock prices predicted. The Chinese government in conjunction with a major business magazine conducted a survey of Chinese factories and it clearly showed domestic demand slowing. That means internally China’s consumers […]

Market Commentary

Trump Wins! Does the Market?

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The surprise for the market wasn’t that Trump won the White House, though that was truly a surprise for the country.  Rather the 1,000 point drop in the futures market before the opening disappeared once the stock market opened and then reversed during early morning trading. That was truly something that most investors, including myself, […]