Truth in Wealth Building

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PPI is up 3.1%

The National Association of Manufacturers said its latest quarterly CEO survey hit its highest mark in 20 years in Q4. 94.6% said they were positive about their own company’s outlook. Almost 63% of CEO’s said comprehensive business tax reform would encourage their company to increase capital spending. 54% said they would hire more workers, and…

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The Hispanic unemployment rate dropped

Central banks will dominate the news cycle this week. The Federal Reserve is expected to implement a quarter point interest rate hike tomorrow. The European Central Bank and Bank of England will meet on Thursday. (LPL) The Hispanic unemployment rate dropped to 4.7% – the lowest in the history of the United States. The manufacturing…

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I will have a beer

Electro Scientific Industries, maker of laser tools for electronics manufacturers, has named Allen Muhich as its new CFO. His pay will be a $350,000 base salary, plus a $25,000 hiring bonus and an annual bonus between 60% and 200% of his base salary. The company also gave him 50,000 shares that will vest over the…

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I will take beer with that!

Electro Scientific Industries, maker of laser tools for electronics manufacturers, has named Allen Muhich as its new CFO. His pay will be a $350,000 base salary, plus a $25,000 hiring bonus and an annual bonus between 60% and 200% of his base salary. The company also gave him 50,000 shares that will vest over the…

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A bit of news from abroad

A bit of news from abroad to start the morning: “We have made the breakthrough we needed,” said European Commission President Jean-Claude Juncker, declaring a long-awaited Brexit deal and the opportunity to now discuss trade arrangements. A financial settlement was agreed that was “fair to the British taxpayer” and enshrined the “special rights of EU…

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morning report from Northwest Quadrant Wealth Management

The U.S. government is urging a federal judge to reject the February court date sought by AT&T and Time Warner in a dispute over the firms’ proposed merger, which the DOJ feels could raise prices and hamper the development of online video. It has requested that proceedings start on May 7, but AT&T will have to…

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