(September 16th to September 20th, 2019) ~ Presented by Blanke Schein Wealth Management ~ RECAP: oil prices spike, following drone attacks in the Middle East; the Federal Reserve cuts interest rates, and a Chinese trade delegation decides to head home early from America. THE WEEK ON WALL STREET Investors reacted to two major news items last week, […]
(September 9th to September 13th, 2019) ~ Presented by Blanke Schein Wealth Management ~ RECAP: the Dow logs an 8-day winning streak and Treasuries sell off as the mood brightens slightly in the U.S.-China trade dispute; yearly core inflation reaches a 13-month high. THE WEEK ON WALL STREET Stocks edged toward all-time peaks during a relatively calm week […]
(August 12th to August 16th, 2019) ~ Presented by Blanke Schein Wealth Management ~ RECAP: equities are hit by considerable volatility, following developments in the bond market as well as the U.S.-China trade dispute. THE WEEK ON WALL STREET U.S. stock indices saw significant ups and downs last week, with traders looking for economic cues from Treasury yields […]
(July 15th – July 19th, 2019) ~ Presented by Blanke Schein Wealth Management ~ RECAP: stocks dip as earnings season begins; investors wait for the July Federal Reserve meeting, while considering retail sales data and comments from Fed officials. THE WEEK ON WALL STREET Stock benchmarks retreated during the first week of the second-quarter earnings season. As […]
Why are investors and economists getting nervous about Treasury yields? [Find video after article] What is the yield curve, and why is the financial media writing about it? Here is a brief explanation, starting with a clarification. A yield curve is really an X-Y graph projecting expected rates of return for equivalent-quality bonds with […]
Five noteworthy figures from the previous week $71.89 Where WTI crude peaked last week on the NYMEX. The price of oil reached its highest level in 3½ years during Thursday’s trading session. WTI crude settled at $70.70 Friday afternoon. Brent crude, the other widely used oil pricing benchmark, hit $78 last week and was just […]
Five noteworthy figures from the previous week 3.9% America’s unemployment rate in April. This is the lowest jobless rate recorded by the Department of Labor since 2000. Additionally, initial state unemployment claims fell to a 45-year low last week. Source: Washington Post 1 $2.82 The average price of a gallon of gas, as of Friday. […]
Five noteworthy figures from the previous week 2.3% Economic expansion in the first quarter, according to the Department of Commerce. Although this number fell notably short of the 2.9% GDP reading for Q4 2017, it topped the 2.0% forecast of economists polled by Reuters. Consumer spending only rose 1.1% in Q1, possibly impeded by delayed […]
Five noteworthy figures from the previous week 0.6% The improvement in retail sales in March. This was the first gain in four months, and it beat the 0.4% rise projected by economists surveyed by Bloomberg. Car and truck sales were up 2.0% last month, and consumer purchases at health and personal-care retailers advanced 1.4%, the […]
Five noteworthy figures from the previous week 13.9% The average increase in dividend payments for S&P 500 companies in the first quarter. Recent corporate tax breaks (and rising interest rates) may have encouraged this development. None of the 415 dividend-paying firms listed in the index reduced their dividends in Q1, according to S&P Dow Jones […]
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