Bouchey Blog
Equity markets entered into a correction in the beginning of February for the first time since 2016, as wage growth came in better than expected and was the strongest the economy has seen since 2009. This surprise raised fear over rising inflation, which in turn, resulted in concern over the Federal Reserve raising rates faster…
Recent market volatility has been mostly due to fears over rising inflation. This morning’s CPI report, a widely used measure of inflation, came in slightly ahead of expectations and did not alleviate these fears. For the month of January, CPI rose 0.5% versus an expected rise of 0.3%. Core CPI, which excludes volatile food and…
The first labor market report of 2018 was a continuation of the strength we witnessed for most of 2017. The U.S. economy produced 200,000 jobs for the month of January, coming in above economists’ expectations of 177,000. November figures were revised lower while December was revised slightly higher, for a net downward revision of 24,000…
Written by: Ryan Bouchey As we enter the first week of the New Year I thought it may be beneficial to put together a few simple, yet highly important financial resolutions to set which are easily attainable with a little discipline. Throw away the “work out more” or “eat better” resolutions because they are no…
The U.S. economy produced 148,000 jobs for the month of December, coming below economists’ expectations of 190,000. October figures were revised lower while November was revised higher, for a net downward revision of 9,000 jobs. Still, this helped the economy achieve its seventh consecutive year of producing more than 2 million jobs. The 12-month average…
We have been fielding a number questions on Bitcoin lately so we wanted to provide our thoughts on this digital currency, otherwise known as cryptocurrency. Bitcoin was created back in 2009 to allow online transactions directly between two parties, cutting out financial institutions in the process. It was created using Blockchain technology, a network of…
The U.S. economy continued to add jobs at a healthy pace, as 228,000 jobs were created in November coming in ahead of economists’ expectations of 195,000. Figures for September and October were revised higher for a net upward revision of 3,000 jobs. This extends the economy’s job gain streak to a record 86 straight months,…