Viewing all articles tagged as:
Wall Street to Your Street
October market recap: Economy flexing its muscles
November 2, 2017 | Gene Walden, Senior Finance Editor
The economy appears to be picking up steam as U.S. gross domestic product (GDP) grew at a healthy 3% annualized rate in the third quarter, following a 3.1% annualized gain in the second quarter, according to the U.S. Department of Commerce GDP report October 27.
Retail sales have big jump in wake of hurricanes
October 17, 2017 | Mark Simenstad, Chief Investment Strategist
Retail sales were up 1.6% in September – the largest gain in 2 ½ years – following a 0.1% decrease in August (revised), according to the latest Retail Sales Report issued October 13 by the U.S. Department of Commerce.
Hurricanes knock job growth off track but unemployment rate falls
October 11, 2017 | Mark Simenstad, Chief Investment Strategist
Employment dropped in September for the first time after 83 consecutive weeks of growth, as economic activity was slowed by Hurricanes Harvey and Irma in Texas and Florida, according to the U.S. Bureau of Labor Statistics Employment Situation Report from October 6, 2017.
Fourth quarter market outlook: Is apathy driving down consumer savings rates?
October 4, 2017 | Mark Simenstad, Chief Investment Strategist
By most key measures, the American economy has been on a fairly sustained uptrend the past few years - a period when you might have expected consumers to begin socking away more money.
Wall Street to Your Street: