December 2020 Insight Guide: Market Indicators
The Economy The U.S. economy is seen as more resilient than many people think. According to Rick Rieder, BlackRock’s CIO of global fixed income, there is potential for gains in parts of tech, consumer, cyclical areas such as industrials, as well as housing and some leisure sectors, with the expectation of a vaccine expected to […]
Read More →Certifications: Much More Than a Piece of Paper
I never would have imagined that breaking stuff could be a full time job, let alone such an important one. That’s right, the Test Lab personnel at Norfolk Iron & Metal get to break stuff for a living – and not just for fun, there’s so much more to it. You see, the specifications that are […]
Read More →October 2020 Insight Guide: Market Indicators
The Economy The number of Americans filing new claims for unemployment fell last week, but still remained at recession levels. Personal income dropped in August, emphasizing the need for another relief package for businesses and the unemployed. The U.S. economy added 661,000 jobs in September, while the unemployment rate ticked down to 7.9%. While this […]
Read More →September 2020 Insight: Market Indicators
The Economy The U.S. economy plunged at an annual rate of 31.7% during the second quarter under the weight of the coronavirus pandemic. This is the sharpest quarterly drop on record, the previous worst drop was a 10% loss in 1958. A hiring bounce-back in June suggested that the economy began to recover. However, economists […]
Read More →August 2020 Insight: Market Indicators
The Economy With the COVID-19 pandemic causing weeks of record job losses and an unemployment rate not seen since the Great Depression, has the U.S. economy seen the bottom? According to Forbes, the leading economic indicators they track signal yes; the shortest recession in history is over. However, three components are necessary for a durable […]
Read More →July 2020 Insight Guide: Market Indicators
The Economy As COVID-19 continues to spread in the U.S., Goldman Sachs revised its GDP expectation for the third quarter. The bank now sees GDP growing 25%, down from the original expectation of 33%. The bank also sees total economic contraction worsening to 4.6% from 4.2%. This is largely due to slower-than-expected recovery in consumer […]
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