April 2, 2018 — Consumer Confidence Holding with Employment Numbers

APRIL 2, 2018 – CONSUMER CONFIDENCE HOLDING WITH EMPLOYMENT NUMBERS Headline consumer confidence slipped slightly in March after reaching an 18-year high in February.  However, consumer confidence is still seen as being high and indicates support for strong growth in consumer spending in the coming months. Lower income taxes and accelerations in hiring are raising consumer optimism. The jobs-plentiful index …

March 19, 2018 — Good News Abounds; Rates on the Rise this Week

MARCH 19, 2018 – GOOD NEWS ABOUNDS; RATES ON THE RISE THIS WEEK The FOMC meets this week, expectations are rates will move up by 25 basis points.  Nothing has happened in the last weeks that would derail these plans.  In fact, the economy seems to be picking up on all fronts. Last week, filings for unemployment benefits fell for …

March 5, 2018 — US Dollar Poised to Strengthen

MARCH 5, 2018 – US DOLLAR POISED TO STRENGTHEN The ICE Dollar Index rose 1.7 percent in February, it’s the first monthly gain seen since October 2017.  The recovery in currency is expected to continue as the economic forecast remains upbeat.  The Dollar Index fell almost 10 percent last year, and now it looks like sentiment has turned. US economic …

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