De Groote Financial Group February 3, 2021

What Happened Last Week and What It Means to You: October 30, 2020

Economic data dump… GDP explodes… New business applications… PMI… Service Index… September retail sales… Unemployment… Hours worked…

De Groote Financial Group February 3, 2021

What Happened Last Week and What It Means to You: September 18, 2020

Census data shows record income gains… Mean household income… Largest 1-year decrease in poverty since 1966… Job growth… Retail sales… Interest rates…

De Groote Financial Group August 5, 2016

The U.S. Economy Created 255,000 Jobs in July… Unemployment remains at 4.9%, the third consecutive month it has sat below the 5% level of technical full employment. Markets reacted positively to the news. What it means – This makes two strong payroll prints in a row. And with upward revisions to both the May and June reports, the past three months […]

De Groote Financial Group July 15, 2016

Bond and Stock Markets Both Reach Record Highs… The U.S. 10-year Treasury bond yield fell to 1.36%, a record low, while the S&P 500 and Dow Jones Industrial Average both moved up to record highs. What it means– Both trends make perfect sense, but not from an investing point of view. For bonds, central banks around the world are […]

De Groote Financial Group October 2, 2015

The U.S. Economy Created 142,000 Jobs in September, Far Below the Expectation of 200,000…  The reports for August and July were revised lower, by 37,000 and 22,000 respectively.  What it means – Less. That’s the theme of the entire report. Fewer jobs were created than expected, hours worked declined, labor force participation dropped, and even earnings […]

De Groote Financial Group August 23, 2015

This week the noise was over whelming. For that reason I wanted to respond to the markets a little different than doing my best to try to tell you what happened and what it means. Yes, global markets turned south on China Fears and Uncertainty over Oil. Minutes from the July Fed revealed lots of […]