US Consumer Sentiment Running High and Higher

US Consumer Sentiment Running High and Higher

US Consumer Sentiment Running High and Higher $DIA, $SPY, $QQQ, $VXX US consumer sentiment held steady on a gain in American household expectations, according to a University of Michigan report Friday. The MSI held steady at a solid 98.8 for preliminary May, the University of Michigan’s Consumer Survey Center reported. The comparable April reading was also […]

US Unemployment Lowest Since 2000, Market Rallies

US Unemployment Lowest Since 2000, Market Rallies

US Unemployment Lowest Since 2000, Market Rallies $DIA, $SPY, $QQQ, $VXX Friday, US President Donald Trump touted the nation’s low unemployment rating and hit out at the ongoing investigation into his campaign’s ties to Russia in a Tweet. The unemployment rate fell to 3.9% for the 1st time since Y 2000, according to the Department […]

Americans Filing for Unemployment Benefits at 45 yr Lows

Americans Filing for Unemployment Benefits at 45 yr Lows

Americans Filing for Unemployment Benefits at 45 yr Lows The number of Americans filing for unemployment benefits unexpectedly fell last week, dropping to its lowest level in almost 45 years as the labor market tightened further, driving expectations of faster wage growth this year. Initial claims for state unemployment benefits decreased 9,000 to a seasonally […]

US Jobless Claims Dive Lowest Weekly in 45 Years

US Jobless Claims Dive Lowest Weekly in 45 Years

US Jobless Claims Dive Lowest Weekly in 45 Years The number of Americans filing for unemployment benefits fell more than expected last week to the lowest level in 45 years. Initial claims for state unemployment benefits dropped 41,000 to a seasonally adjusted 220,000 for the week ended 13 January, the lowest mark since February 1973, the […]

US Stocks at Record Highs as Fed Hikes Rates

US Stocks at Record Highs as Fed Hikes Rates

US Stocks at Record Highs as Fed Hikes Rates $DIA, $SPY, $QQQ, $VXX The Trump Rally Extends The Fed followed through on an expected interest-rate increase and raised their forecast for economic growth in Y 2018. “Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further,” the Federal Open Market […]

Applications for Jobless Benefits Fall to 236,000 in 3rd Weekly Decline

Applications for Jobless Benefits Fall to 236,000 in 3rd Weekly Decline

Applications for Jobless Benefits Fall to 236,000 in 3rd Weekly Decline The number of Americans filing for unemployment benefits fell last week, suggesting a tightening of the labor market. Initial claims for state unemployment benefits slipped 2,000 to a seasonally adjusted 236,000 for the week ended 2 December, the Labor Department said on Thursday. Data for the […]

EUR – Unemployment Down, Exchange Rate Up

EUR – Unemployment Down, Exchange Rate Up

The euro broke through the psychologically important $1.20 barrier against the U.S. dollar for the first time since January 2015 on Tuesday, a move that could help cement the shared currency’s newfound role as a global haven unless the European Central Bank intervenes. The shared currency has strengthened more than 14% against a broadly weaker […]

Markets Bet for a Fed Rate Hike in December

Markets Bet for a Fed Rate Hike in December

Markets Bet on a Fed Rate Hike in December The FOMC mins showed a discussion of inflation with the current low figures being dismissed as being due to technical issues rather than underlying trends. In an environment where inflation is generally low, technical distortions assume a lot more importance. A 0.4% drop in consumer price […]

Education & Skills Key to Improving Jobs Prospects

Education & Skills Key to Improving Jobs Prospects

Education & Skills Key to Improving Jobs Prospects Fed Chairwoman Janet Yellen said Tuesday that investments in education and skills training are vital to address persistently high unemployment among lower-income and minority communities. “Education levels have historically lagged in low- and moderate-income communities, particularly communities of color,” Ms. Yellen said in remarks on workforce development […]

Obama’s Jobs Legacy: Near-Record 94.6-M Americans Not in Workforce

Obama’s Jobs Legacy: Near-Record 94.6-M Americans Not in Workforce

Obama’s Jobs Legacy: Near-Record 94.6-M Americans Not in Workforce A near record high of 94,609,000 Americans are not in the labor force, 425,000 more than last month’s 94,184,000, and the 2nd highest number on record. When US President Barack Hussein Obama took office in January 2009, 80,529,000 Americans were not in the labor force, and […]

Hillary Clinton Champion’s the “Opium” We Call the Welfare State

Hillary Clinton Champion’s the “Opium” We Call the Welfare State

Hillary Clinton Champion’s the “Opium” We Call the Welfare State Hillary Clinton is uninterested in breaking the chains of dependency between struggling low, middle income voters and Democratic politicians who Champion the Opium we call the welfare state. Hillary Clinton has made addressing inequality a central theme of her campaign, but the remedies she proposes […]

St. Louis, Missouri, the Most Dangerous City in America

St. Louis, Missouri, the Most Dangerous City in America

St. Louis, Missouri, the Most Dangerous City in America St. Louis, Missouri led the nation with 1,817 violent crimes per 100,000 residents last year. Cary, North Carolina, by contrast, is the safest city in the nation with just 51 reported violent crimes per 100,000 city residents. #1 St. Louis, Missouri Violent crimes per 100,000: 1,817.1 […]

Recession Indicator Triggered on Unemployment Up Tick

Recession Indicator Triggered on Unemployment Up Tick

Recession Indicator Triggered on Unemployment Up Tick $DIA, $SPY, $QQQ, $VXX September’s jobs report contained a sign that investors should be on alert for Recession in the US, and that means a stock market correction 1 of the Top 3 necessary Recession indicators is when the unemployment rate breaches its 12-Month MA. September NFPs (non-farm […]

Economy Tops List of US Voters Concerns

Economy Tops List of US Voters Concerns

Economy Tops List of US Voters Concerns With the first US presidential debate looming, the economy leads the long list of top concerns for Americans, a Gallup Poll revealed  Friday. Economy continues to lead the list at 14%, followed by dissatisfaction with government, at 11%, and jobs and unemployment, also at 11%, the 7-11 September […]

The World’s Youth Facing Massive Unemployment

The World’s Youth Facing Massive Unemployment

The World’s Youth Facing Massive Unemployment A report released Wednesday by the International Labour Organisation (ILO) warned that 13.1% of the world’s youth are set to be jobless in Y 2016, up from 12.9% last year. According to ILO’s World Employment and Social Outlook 2016 report, the global number of unemployed youth is expected to […]

US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June $DIA, $SPY, $QQQ, $VXX The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labor market. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 268,000 for the week ended 25 June, the […]

The Big Q: Why are Americans so Angry at Barack Hussein Obama II?

The Big Q: Why are Americans so Angry at Barack Hussein Obama II?

The Big Q: Why are Americans so Angry at Barack Hussein Obama II? Americans are angry at the political establishment, both Republican and Democrat. Many are now in the “camp” of Republican Presidential nominee Donald Trump and others in the “camp” Democrat disrupted Bernie Sanders, who have framed powerful indictments of the political and economic status quo, […]

US Jobs Situation Report Damaging, Virtually No Jobs Created in May

US Jobs Situation Report Damaging, Virtually No Jobs Created in May

US Jobs Situation Report Damaging, Virtually No Jobs Created in May $DIA, $SPY, $QQQ, $VXX Donald Trump said the surprisingly weak US jobs situation data for May released on Friday was “terrible”, a “bombshell.” “Terrible jobs report just reported. Only 38,000 jobs added. Bombshell!” Trump said in a post on Twitter shortly after the US […]