In this month’s recap: equities rise with a little help from the Fed, oil dives, and most key domestic indicators look quite strong. Monthly Economic Update   Presented by Andy Tomlinson Wealth Management December 2018   THE MONTH IN BRIEF For most of November, the stock market was plagued by the same skepticism evident in October: the […]

MARCH 2018

THE MONTH IN BRIEF Investors certainly received a wake-up call in February. A correction hit Wall Street for the first time in nearly two years, and benchmarks overseas were also challenged. Two weeks later, though, the S&P 500 had gained back more than half of what it had lost in the dive. Prices of important […]

“Education’s purpose is to replace an empty mind with an open one.”      – Malcolm Forbes

“Good people are good because they’ve come to wisdom through failure.”      – William Saroyan

SEPTEMBER 19, 2016

RETAIL SALES DECREASE SLIGHTLY Shoppers bought 0.3% less goods and services in August, according to the latest monthly report from the Department of Commerce – but minus auto sales, the decline was just 0.1%. Retail sales were still up 1.9% from year-ago levels, with online sales rising 10.9% in 12 months.1      CONSUMER COSTS RISE […]

“Mistakes are part of the dues one pays for a full life.”      – Sophia Loren

“The truth is that there is nothing noble in being superior to somebody else. The only real nobility is in being superior to your former self.”     – Whitney Young

FEBRUARY 16, 2015

RETAIL SALES DECREASE AGAIN Recently, economists have worried about a decline in household spending. The 0.8% fall for retail sales in January affirmed their anxieties. Consumers have certainly been buying less fuel, but even with gas purchases removed, there was still an 0.2% retreat. Headline retail sales have now sunk for consecutive months; earlier Commerce […]

“Reflect on your present blessings, of which every man has many; not on your past misfortunes, of which all men have some.”      – Charles Dickens

MONTHLY QUOTE    “If we are to learn to improve the quality of the decisions we make, we need to accept the mysterious nature of our snap judgments.”      – Malcolm Gladwell

MAY 26, 2014

HOME SALES PICK UP AGAIN Economists, investors and homeowners welcomed the news that existing home sales improved 1.3% for April. Complementing that announcement from the National Association of Realtors, the Census Bureau said new home sales rose 6.4% in April. In annualized terms, the sales pace has flagged: new home sales have slowed 4.2% over […]

“That which seems the height of absurdity in one generation often becomes the height of wisdom in the next.”      – John Stuart Mill

November 11, 2013

SHUTDOWN DOESN’T DETER HIRING The Labor Department’s delayed October employment report showed the economy adding 204,000 new jobs last month. Analysts polled by Reuters had only expected a gain of 125,000. The unemployment rate actually rose to 7.3%, as those analysts had predicted. This was a nice Friday surprise for Wall Street, and it also […]

JULY 2013

THE MONTH IN BRIEF Sometimes the direction of the stock market can change on a few sentences, even a few words. That was certainly the case on June 19, when Federal Reserve Chairman Ben Bernanke mentioned the possible end of QE3 in 2014 and the prospect of reducing the central bank’s monthly bond purchases later […]

JUNE 17, 2013

IMF: FED SHOULD WAIT 6 MONTHS TO TAPER QE3 On Friday, the International Monetary Fund called for the Federal Reserve to keep easing at current levels at least until the end of 2013 and to carefully manage any exit from QE3. In its annual review of the U.S. economy, the IMF characterized the March 1 […]

MAY 27, 2013

APRIL DATA AFFIRMS HOUSING REBOUND Last month brought a 2.3% gain in new home sales and an 0.6% increase in existing home sales. Distressed properties (short sales and foreclosures) represented only 18% of residential resales in April, the National Association of Realtors noted; compare that with 28% of sales in April 2012. NAR also announced […]

MARCH 4, 2012

A GAIN (OF SORTS) IN CONSUMER SPENDING  The Commerce Department noted a 0.2% rise in personal spending in January along with a 0.3% rise in wages. However, real consumer spending was flat for the third consecutive month when adjusted for inflation. Headline personal spending rose 2.1% in Q4 2011. Many economists expect a comparable gain […]

August 2010

_______________________________________________________________________________________________________ Tomlinson Wealth Management Presents Monthly Economic Update for August, 2010 _______________________________________________________________________________________________________   QUOTE OF THE MONTH: “Praise is comforting, but not valuable.”– Peter Stone THE MONTH IN BRIEF  July is historically a good month for stocks, and July 2010 was no exception. Bulls took back Wall Street, encouraged by earnings reports (as of July […]

July 2010

_______________________________________________________________________________________________________ Tomlinson Wealth Management Presents Monthly Economic Update for July, 2010  _______________________________________________________________________________________________________  QUOTE OF THE MONTH: “Champions keep playing until they get it right.” – Billie Jean King The month in brief June was not a good month for U.S. economic indicators, and therefore not a good month on Wall Street. Concerns surfaced that the […]

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