Tag Archive: US Economy

Mixed Signals

Following  this morning’s release of non-farm payrolls data for April, one could certainly characterize the reaction among various markets as being “mixed.” According to the U.S. Department of Labor, the country added 223,000 jobs last month while the unemployment rate ticked lower to 5.4 percent-the lowest level in seven years. The less talked about “participation rate”, which indicates the percentage of working-age people who are employed or actively looking for work, came in at 62.8%- matching the lowest since 1978. Stocks cheered the headline number,... Continue Reading

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The U.S. Economy Is Weaker Than You Think

Over six years ago Wall Street was rocked by an unprecedented crisis … and the U.S. economy still hasn’t been able to fully recover since then. September 2008 ushered in the dramatic Fannie Mae and Freddie Mac takeover, the Lehman Brothers bankruptcy, the AIG bailout, and ended with the introduction of massive government legislation to buy “toxic” mortgage debt. The ensuing global financial crisis took its toll on economies around the world and the U.S. and global economy are still scuffling to climb back to... Continue Reading