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Economy

“Top 5 best state economies”

February 18, 2020

“Massachusetts The unemployment rate in Massachusetts was 2.9 percent as of November, below the national rate of 3.6 percent. The average annual wage as of 2018, was $63,910, and $121,350 for those earners in the 90th percentile… Colorado The unemployment rate… Continue Reading…

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Economy

“Japan’s economy shrinks faster than expected”

February 18, 2020

“Japan’s economy shrank at a faster-than-expected annualized pace of 6.3% in the October-December quarter, the first contraction in more than a year, as a sales-tax increase at the beginning of the quarter cooled consumption. Japan, the world’s third-largest economy after… Continue Reading…

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Economy, Stocks

“JPMorgan Says Record Highs in European Stocks Can Last and Widen”

February 17, 2020

” European equities are trading at fresh record highs, and JPMorgan Chase & Co. strategists say the rally can go on and even expand to markets that have been left behind. The Stoxx Europe 600 Index closed at a historical… Continue Reading…

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Economy

“Europe’s stagnant economy is vulnerable to a shock from China”

February 17, 2020

“Recession fears are stalking Europe again after Germany’s economy flatlined at the end of 2019. The coronavirus now threatens to slam exports to China. The German economy did not grow in the final three months of last year, setting up… Continue Reading…

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Economy

“The U.S. Treasury Just Sold 30-Year Bonds at a Record-Low Yield. Demand ‘Was Amazing.’”

February 14, 2020

“The U.S. Treasury sold $19 billion of long-term bonds with a record-low yield of 2.061% on Thursday. Not only that, but investor demand was the highest for any sale of a new bond since August 2014, according to Tom Simons… Continue Reading…

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Economy

“Americans say they feel the current economy is the best since the late 1990s”

February 13, 2020

“Americans increasingly rate this as the best economy since the late 1990s, with a recent surge in optimism, even though many economic metrics show striking similarities to the final years of the Obama administration. Fifty-nine percent of Americans say they… Continue Reading…

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Economy

“January adds a much stronger-than-expected 225,000 jobs, with a boost from warm weather”

February 10, 2020

“The unemployment rate ticked higher to 3.6%, but for the right reason as the labor force participation rate increased 0.2 percentage points to 63.4%, matching its highest level since June 2013, according to data released Friday by the Labor Department…… Continue Reading…

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Economy

“Private payrolls soar in January, the best monthly gain in nearly 5 years”

February 5, 2020

“The jobs market kicked off 2020 in grand fashion, adding 291,000 in private payrolls for the best monthly gain since May 2015, according to a report Wednesday from ADP and Moody’s Analytics. That was well above the 150,000 estimate from… Continue Reading…

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Economy

“The Verdict Is In: Farm Bankruptcies Up in 2019”

January 31, 2020

“While well below historical highs, Chapter 12 family farm bankruptcies in 2019 increased by nearly 20% from the previous year, according to recently released data from the U.S. Courts. Compared with figures from over the last decade, the 20% increase trails… Continue Reading…

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Economy, Stocks

“Stocks Pare Losses on Earnings Amid Virus Angst: Markets Wrap” [Plus Where To Invest]

January 30, 2020

“Stocks pared losses, with strong corporate earnings bolstering confidence in the U.S. economy even as investors remain concerned that the spread of the coronavirus will derail the global recovery. The S&P 500 retreated for a second day, trimming its January… Continue Reading…

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