Trend Watcher – Are You Missing Out?
Joseph Gomez, Sr. Investment Advisor and Portfolio Manager Of the nineteen economic indicators released this week, nine were weaker than expected, eight were stronger, and two were in line. Once again this week, strength was concentrated in employment and housing related indicators. Thursday’s initial jobless claims report showed that the nation’s employment picture continues to improve. In terms of expectations, this week's total of 348K was well below consensus expectations of [...]
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