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    Economic Update – Week Ending November 15, 2014

    Stock Market – Stocks again hit all-time highs this week rising on higher than expected retail sales data, lower gas prices, employment gains, higher consumer confidence readings, and better than expected third quarter numbers in Europe.  The Dow Jones Industrial Average closed the week at 17634.74, up from last weeks close of 17,573.93. The S&P […]

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    Economic Update – Week Ending November 8, 2014

    Jobs – On Friday November 7, the Labor Department released the October Jobs Report. The National Unemployment Rate dropped to 5.8% from 5.9% in September.  It was the lowest unemployment level since July 2008.  It showed that U.S. Employers added 214,000 jobs in October. That marked the 49th straight month of job gains. If you […]

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    Economic Update – Week Ending October 25, 2014

    US stocks have best week in nearly 2 years!!  After the turbulence in the market last week, U.S. stocks had their best week in nearly two years. Markets were helped by strong quarterly earnings from Microsoft and other big U.S. companies and positive housing data. The Dow Jones industrial average closed the week at 16,805.41, up 425 points from last […]

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