De Groote Financial Group September 30, 2016

ICANN or Cant I… Will the US turn over the internet? Will free speech and free markets suffer? What it means – Some of the greatest companies today owe their success to a free internet. Google, Amazon, Yahoo, Microsoft, Apple, Snapchat, Facebook, Twitter and many more are just a few examples. On October 1st, President […]

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 8, 2016

The U.S. Added 287,000 Jobs in June, the Highest Total Since October 2015… The dismal reading of 38,000 jobs last month was actually revised lower to 11,000, while the April total was adjusted a bit higher. The three-month average is 147,000. What it means – As noted last month, part of the ugly numbers for May was the Verizon […]

De Groote Financial Group May 27, 2016

April New Home Sales Rocket Higher, Up 16.6% Over March… The worry over new home sales in March appears misguided. In addition to an unexpected jump in sales last month, the median sale price also jumped 7.8% to $321,000. What it means– In March, new home sales, permits, and existing home sales posted disappointing results. But the residential real estate […]

De Groote Financial Group May 20, 2016

Consumer Prices up 0.4% in April, and 1.1% over Last Year… Excluding food and energy, prices were up 0.2% last month, and 2.1% over the same period last year. What it means– Gasoline prices ticked higher with oil prices last month, pushing the consumer price index higher. Costs rose in most areas except apparel. But the growth rate slowed […]

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 […]