Bouchey Blog
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,…
With equity markets continuously hitting all-time highs this year, we frequently get the question from our clients as to when will the bull market end. The level of skepticism remains high even as the S&P 500 Index crossed four major milestones this year, passing the 2,300 level in February and recently crossing the 2,600 level.…
After a disappointing report in September, the labor market rebounded in October. The U.S. economy created 261,000 jobs for the month of October, which came in below economists’ expectations of 313,000. However, revisions show that the economy added 18,000 jobs for the month of September instead of the initially reported decline of 33,000 jobs. The…
The initial estimate for Third Quarter GDP was released this morning, and the U.S economy expanded 3% for the second consecutive quarter. This exceeded economists’ estimate of 2.6% growth and marks the best back-to-back quarters of GDP growth since 2014. Consumer spending, which represents nearly 70% of the economy, grew higher than expected (2.4% vs…