Economy and Trends

Despite Wage Pressure, Inflation Stays in Check

When world equity markets got spooked at the end of January and beginning of February, it was inflation concerns that seemed to start the selling and caused a big spike in volatility. We saw the longest stretch without a five percent correction come to a halt and February ended up being the second down month for the indices in the ...

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Jobless Claims Hit Another Record Low

The Labor Department on Thursday released more good news about the economy: fewer Americans are filing for unemployment benefits. Initial claims for state unemployment benefits dropped 7,000 last week to reach a seasonally adjusted figure of 222,000 – marking a near 45-year low. “Claims for six states were estimated because of Monday’s Presidents Day holiday,” notes CNBC. “Still, the underlying ...

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Business Optimism Running High, Could It Bump Inflation Due To Wage Growth?

Several different business surveys are showing that business leaders are more optimistic than at any time in decades. The optimism is coming with one main concern though and that is supply of qualified workers. JP Morgan released its annual survey of business leaders earlier today and it showed small and mid-sized businesses are incredibly optimistic about the economy. The survey ...

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The Factory-Sector Sees Surge, More Growth to Come

January was another great month for U.S. factories because businesses are continuing to invest in more equipment. “Sales of such long-lasting goods indicates companies are investing to expand their production capacity. The lead time for filling those orders rose 8% over the month because factories are being flooded with new orders, said Tim Fiore, head of the ISM survey,” writes ...

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Wage Growth Best in 8 Years

The US economy added 200,000 jobs last month and wage growth was the best we’ve seen since 2009, reports the Labor Department. Wages are up 2.9% compared to last year, and unemployment is just above 4% (a 17-year-low). Average hourly earnings rose 0.4% in December and 0.3% in January, reaching $26.74. These numbers show the labor market is tightening, meaning ...

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Big Week Ahead for Economic News and Earnings

The market has been moving up for some time now and in the last few months the trajectory of the move has become incredibly steep. Over the last 50 trading days, from November 14 through last Friday, the S&P and Nasdaq have each gained 11.4 percent while the Dow has gained an incredible 13.7 percent. We see on the weekly ...

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European Central Bank – Tightening Could and Should Accelerate

Last week the European Central Bank (ECB) released the minutes from its rate-setting meeting in December and the notes revealed that the bank’s tightening strategy could move faster than originally anticipated. This revelation came just a few days after the Bank of Japan (BOJ) released a similar statement. The BOJ revealed that it had made fewer bond purchases than investors ...

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Inflation: The Danger of a Booming Economy

Although most financial analysts are optimistic about the future of U.S. economy under the Trump administration, the more consumers spend the more inflation becomes an issue. The price of consumer goods is on the rise. The Labor Department reported at in December consumer prices increased by .03%. Compared to last year, food and energy pricing is up by 1.8%, which ...

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Bombardier and Embraer: Midsize Jets Are Hot

In November 2017, United Airlines made headlines when it celebrated the final flight of its last Boeing 747 by making it a public relations event.  The special flight from San Francisco to Honolulu was sold out hours after it was announced.  United treated customers to a pre-launch party, on-board festivities and a few special loops around picturesque San Francisco Bay. ...

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