Year: 2019

stock market, U.S. Economy, Crystal Ball, uncertainty

The U.S. economy generated an impressive 266,000 jobs in November, in part reflecting the return to work of formerly striking GM employees. The Labor Department reported the unemployment rate ticked lower to 3.5%.  They revised upward job growth in September as well as October. Lastly, they indicated wage growth rose…

bull market, rising stock market, strong

The U.S. stock market, which is trading at all-time highs, tends to rise when there is no overhead resistance and economic indicators point to strength. The trajectory of markets has its foundation in the country’s democratic political system and its market-based, capitalist economic system. Using a simple theory, the stock…