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 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 […]