How did the market end this week? Mickey Dickey with this week’s market update. Now, depending how today Friday ends, we’re looking at a roughly a 3.4% increase in the NASDAQ, a 1.4% increase in the Dow, and a 1.6% increase in the S&P 500, which is solid. Now, today’s down a little bit, and…
The Contradiction of Experts It is time to tell the “experts”on TV like Jim Cramer, Jamie Dimon, David Tepper, etc. to check themselves. For the last year Jamie Dimon (over the last 12 months has forecaster a recession in the next year, yet we are 13 months in and there is no recession, and no…
From 1960 – 2021 the average inflation rate was ~3.8%. I know The Fed has a “mandate” of 2%, But, as the saying goes “people in hell want ice water”. Inflation started going up in April of last year and seems to have peaked June of this year at 9.1%. So, it took 15-16 months…
An article on Fox Business states “US Job growth slows again in September with just 263,000 positions added” mentioning this number beat the 250,000 estimates by experts and a deceleration from 315,000 in August. This is the lowest gain since April 2021. Another article on the CNBC states “September job gains affirm that the Fed…