U.S Hiring Slows

June 10th, 2019

On Friday the Labor Department reported that the U.S. economy added 75,000 Jobs in May, one of the weakest monthly increases since the recession ended in mid-2009.

As reported by the Wall Street Journal, “The employment figures add to other data depicting an economy that is still growing, but is losing momentum after the first quarter of 2019 and last year. ”

Although many suggest that this and other economic data lends credence to the theory that the Federal Reserve will be forced to lower the Fed Funds rate later this year, the bigger question is if the Feds were to take such action would it stave off a recession?  Something I am somewhat skeptical of.

Interested in more on this subject and how it may affect your investment portfolio.  Contact us HERE.

Home prices fall in Southern California for the first time in 7 years.

May 7th, 2019

The Los Angeles Times recently reported a decline in Southern California home prices for the first time in 7 years.  This taken together with a significant drop off in the number of homes sold and a drop in national home prices, as reported by the United States Census Bureau, suggests we may be seeing a turn in the residential real estate market. If true, this could lead to a significant drag on the U.S. economy.  How all of this might affect your investment portfolio, is something worth considering.

Contact us today if this is a topic that you would like to discuss further.

To view the entire Los Angels Times article please Click Here.

Janet Yellen and the Case of the Missing Inflation

June 16th, 2017

Low unemployment and rising wages usually leads to higher inflation, but so far inflation has remained relatively low.  Click HERE to read a New York Times article on what might be causing this and how the Federal Reserve is reacting.

Economic Conditions and Earnings Matter More Than Politics

June 5th, 2017

With the intense focus on every word coming out of Washington DC, its hard to know what to focus on.  In Nuveen’s Weekly Investment Commentary, they suggest Economic Conditions and Earnings Matter More Than Politics–a point of view worthy of consideration. To view Nuveen’s entire article, please click HERE.