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.

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.

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.