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Stock Market Commentary - Stocks struggled during the first half of 2022 as shifts in monetary policy, the war in Ukraine, an energy shock, and a worsening growth outlook in China unsettled markets. As of June 30th, the...more
Jobs Report Friday again, and after a big miss on April’s rather lackluster numbers, all eyes will be on May’s figures. Lots to watch for here....more
More good economic news in the U.S. this week, with first-time jobless claims falling to 613k, a decrease of more than 150,000 from a week earlier and the lowest level of the pandemic. ...more
A state appeals court in California has preempted Uber and Lyft’s threatened state-wide shutdown over a new state law ordering them to reclassify their drivers as employees by “allowing them to continue operating [under their...more
Uncertainties remain. Some countries are having second spikes, while others seem to be moving – slowly – back toward normality. Others are still dealing with a very persistent first wave. Economically, governments are playing...more
When 2019 began, the U.S. stock market had just hit the bottom of a 20% correction. An escalating trade war and rising interest rate worries were top of mind, and predictions of a looming recession were becoming more common....more
Hackers who targeted airport currency exchange mainstay Travelex in a ransomware attack on New Year’s Eve have alerted British media that they possess 5 GB of sensitive customer data from the company “since gaining access to...more
The US and China have reportedly reached an initial agreement on the “final terms of a phase one trade deal, moving both countries closer to signing a pact that” the White House originally announced in October and averting...more