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    Economic Update – Week Ending November 29, 2014

    Another record breaking month for US stocks  – The US stock markets posted their sixth straight week of gains with new highs. Dropping oil prices were the source of big news this week, and month. Lower energy prices are causing low inflation. Many experts predict that inflation will remain extremely tame for a long period […]

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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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