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Wall Street to Your Street
Job growth picks up in January
February 3, 2017 | Russ Swansen, Chief Investment Officer
After several subpar months of job growth, U.S. employers added 227,000 nonfarm payroll jobs in January, according to the U.S. Department of Labor, Bureau of Labor Statistics Employment Situation report issued Feb. 3. That marked the 76th consecutive month of job growth.
January market recap: 2017 off to strong start as Dow breaks 20,000
February 2, 2017 | Gene Walden, Senior Finance Editor
The New Year started strong, as the Dow Jones industrial average broke through 20,000 for the first time before dipping back under 20,000 at month's end. The S&P 500® also set a new high in January before retreating during the final two days of the month. The index still finished January with a 1.79% gain. While the effects of the economic policies of the new administration in Washington are yet to be determined, Wall Street's enthusiasm over some of the pro-business proposals have helped propel stock prices.
Employment grows for 75th straight month
January 9, 2017 | Russ Swansen, Chief Investment Officer
U.S. employers added 156,000 new nonfarm jobs in December, according to the U.S. Department of Labor, Bureau of Labor Statistics Employment Situation report issued Jan. 6.
Outlook 2017: A look ahead at the economy & the markets
January 4, 2017 | Russ Swansen, Chief Investment Officer
With a new administration occupying the White House in 2017, the future direction of the country and the economy remains in flux. But while we expect changes in a number of key policies, the president’s influence will be tempered by Congress, which controls fiscal policy and the budget. Policy changes toward international alliances and trade agreements may also face scrutiny in Congress.
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