Friends   This morning’s jobs report came in better than expected with 943,000 new jobs created in July. The unemployment rate dropped down to 5.4%. The bond market sold off on the news (rates up) and stocks were mixed with banks moving higher on the interest...

Friends We have had a somewhat up and down week with the market averages moving higher today after yesterday’s weakness. Stocks seem to settle down when rates stop going down and move back up a bit as we saw today. Yes, we know that low interest rates have been good...

Friends   A disappointing ADP private payroll number and a less than expected forward guidance from GM (it was still pretty good though) after it’s earnings report, sent stocks lower at the opening bell. Sure, you can add Covid-19 Delta variant concerns into the mix,...

Friends   Despite worries about the raging Delta variant and the damage that it could inflict on the economy (not to mention human beings), stocks shook off some early morning weakness to post some nice gains by the close. There are a lot of conflicting...

Friends   Stocks got out of the starting gate pretty well on this first trading day of August, but as bond yields fell so did the market averages. The fear that the economic boom may be less booming sooner than later seems to have become the new worry. With bond...