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 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 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 October 30, 2015

Federal Reserve Leaves Rates Unchanged…  The central bank left short-term rates at zero, but specifically mentioned in their press release that they could raise rates as soon as December. What it means – The Fed reminds of Wimpy from the cartoon Popeye. Wimpy is famous for saying, ” I will gladly pay you Tuesday for a […]

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 […]