Truth in Wealth Building

Listen to the Radio Show Now
Listen to the Radio Show Now

Factory output climbs

Stocks are lower this morning, following yesterday’s losses of about 1%. The S&P 500 and Nasdaq have declined four of the past five sessions. (CNBC) Factory output expanded in April by 0.3%. Overall industrial output rose 0.7%. Mining output fell 2.3%. The industrial sector has been hurt by a slowing global economy and strong dollar….

Continue Reading

Home Depot rocks it!

U.S. stocks have been flat this morning, after the Dow surged over 1% yesterday. The S&P 500 and the Nasdaq both broke a three trading session losing streaks. (CNBC) It may or may not be the good spring weather but consumers are feeling more optimistic in May. The Index of Consumer Sentiment hit 95.8 this…

Continue Reading

Lots of good economic data

Business inventories rose 0.4% in March. Automobile supply posted its biggest increase since 2013 up 2.3%. Inventories are a key component of gross domestic product. (Reuters) Producer prices rose in April by 0.2% as energy prices increased. In the last 12 months the PPI is unchanged. Inflation continues to be restrained by the lingering effects…

Continue Reading

Hour 2 of Financial Focus Radio Show

Hour 2 begins for the second hour on May 14th.

Nordstroms Tanks

It is Friday the 13th and markets are a little skittish. US stocks are lower this morning. The Nasdaq is headed toward a fourth consecutive losing week and the Dow and S&P 500 to a third straight week of losses. (CNBC) Nordstrom shares are down 17% in early trading. The upscale department-store chain says its…

Continue Reading

Retailers are struggling

Macy’s reported a 7.4% decline in first-quarter sales, the fifth straight quarter of decline, as customers cut back on buying apparel and the strong dollar discouraged tourists from buying. The CEO says he sees continued weakness in consumer spending. Macy’s shares are down more than 10% in 2016 and are more than 52% lower in…

Continue Reading

1 91 92 93 94 95 109