Bouchey Blog

As expected, the Federal Reserve voted unanimously last week to raise their benchmark rate by one-quarter point, as the committee believes that the economy is strong enough to withstand tighter monetary policy. This was the first rate increase in 12 months, and only the second rate increase since 2006.  There were no major surprises in…

Written by: Marty Shields Bouchey Financial Group is a Registered Investment Advisor (RIA) and consequently we are regulated by the U.S. Securities & Exchange Commission (SEC).  Approximately every 10 – 15 years the SEC audits the records and processes of the firms that it regulates.  Our last audit was conducted in 2001 and this summer…

Financial goals evolve over the years, and may become more and more complex. When selecting a financial advisor to help achieve these goals, experience and education are important factors, but so is working with a trusted partner who will always act in your best interest. This is one of our core fundamental beliefs here at…

The U.S. economy continues to produce jobs at a strong pace, as this past month saw 178,000 jobs created, in line with consensus estimates.  The unemployment rate fell to 4.6%, which is the lowest level since 2007.  The total measure of unemployment (the U6 rate), fell to 9.3% which is the lowest since April 2008. …

Although coming in slightly below market expectations, the jobs report for October was one of the better reports we have seen this year.  Economists expected 175,000 jobs created versus the 161,000 actual number for the month. However, wages were expected to growth 0.3% for the month and these grew 0.4% with year-over-year growth of 2.8%…

The Commerce Department released their initial estimate of GDP for the Third Quarter this morning, and it exceeded market expectations. Gross Domestic Product grew at an annual rate of 2.9% in the Third Quarter, which was the strongest quarterly gain since 2014 and follows 1.4% growth in Q2. Market economists expected growth to come in…