The labor market continues to show signs of strain. While the headline payroll number didn’t move much, digging into the details reveals a troubling trend. Job growth has essentially stalled over the last three months......something that historically happens just before or during a recession. We’re not
Stocks kicked off last week at record highs, fueled by optimism that the four key risks SEM outlined in our latest quarterly update—Trade War, Economic Slowdown, Debt & Deficit, and Geopolitical Conflict—were finally fading from the headlines.
That
We’re still rolling along on our RV adventure—kicking off the week with white-water rafting on Clear Creek in the Rockies, holding meetings and working in the Denver area for three days, and capping it all off with a spirited Fourth of July on the
You may have a hard time believing it based on the stock market's reaction, but the May Jobs report was not an overwhelmingly positive development for the stock market. The gains on Friday swung the S&P 500 back into positive territory for the week and has it within
It's always interesting how the narratives can shift for the stock market. From the election in November until the middle of February the story was how the "pro-business" policies of President Trump would unlock impressive economic growth, low inflation, lower interest rates, and thus higher than average earnings growth. This
