U. S. Economy Added 151,000 Jobs in February 2025

By Tom Burnett CFA On March 7, 2025, the Bureau of Labor Statistics issued its Employment Report for February 2025. Total employment rose by 151,000, somewhat less than the 12-month average increase of 168,000 over the past year. The unemployment rate was little changed at 4.1%. The rate has been range…

Colleen Kelleher Sorrentino shares a Market Update on the Impact of the Ukraine Crisis with Portfolio Summits RIA

By Tom Burnett CFA The current pictures displayed in the charts of interest rates over the past six months are strikingly similar. The rate increases that began in the fourth quarter of 2021 have continued their trends in 2022. For example, the yield on the Ten-Year Treasury bond closed 2021 at 1.51%…

By Tom Burnett CFA CNBC Market Pro presents a quarterly survey of leading Wall Street market strategist forecasts for year-end S/P 500 Index target prices. The latest survey (March 24, 2022) offers 15 separate target prices. We monitor these Surveys and will present our summaries as they are updated…

By Tom Burnett CFA In response to inflation (40- year high in the U.S.) and an aggressive Federal Reserve policy change, interest rates have begun to move higher. On March 16, 2022, the Fed announced its first increase in the Fed Funds rate since 2018. The 25 basis point increase is clearly the first…