Truth in Wealth Building

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

Off to the races on earnings season

Yesterday’s big rally saw the Nasdaq post its highest close of 2016. The Nasdaq is on track to post its seventh weekly gain in eight weeks; the Dow and S&P 500 are still modestly negative for the week. (CNBC) Costco reported net sales of $10.71 billion for the month of March, an increase of 3%…

Continue Reading

Hour 2 of Financial Focus April 2

Listen to the 2nd hour of the truth in wealth building right now.

Another Good Jobs Report

This is no April Fool’s prank. US stocks bounced back from a terrible January and early February to finish the first quarter flat for 2016. Proving once again that calls the world was ending was the real April Fool’s joke. (Fox Business News) The economy added a healthy 215,000 jobs in March, 195,000 of those…

Continue Reading

Back to the Flatline

Today is the last trading day of the month and first quarter. Yesterday the S&P 500 and Dow closed at their highest level of 2016 for the second day in a row. (CNBC) Mortgage applications, fell by 1% last week. That was largely due to a drop in refinancings, which slipped 3%. The refinance share…

Continue Reading

Consumers feeling confident

Consumers were feeling more optimistic in March. The Consumer Confidence Index hit 96.2. Consumers surveyed believe current business conditions are good. In March, 24.9% said conditions were good, while 18.8% said conditions were bad. 15% of consumers expect business conditions to improve in the next six months, while 9.2% expect conditions to worsen. (The Conference…

Continue Reading

Yellen About Interest Rates

Markets are cautious this morning before a speech today by Fed chair Janet Yellen in New York. Investors will be looking for any possible clues as to the latest outlook on interest rate increases. (CNBC) Consumer spending moved up 0.1% last month. Consumer spending accounts for more than two-thirds of U.S. economic activity. Consumer spending…

Continue Reading

1 96 97 98 99 100 109