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The economy is adding jobs, but the divide between the ‘haves’ and ‘have-nots’ is bigger than ever

There’s a new 99 percent. A new report from Georgetown University’s Center on Education and the Workforce says that 11.5 million of the 11.6 million jobs in the ...
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Don’t panic and let ‘Brexit’ ruin your retirement

If you woke Friday shocked at the outcome of the “Brexit” vote and frightened at what will happen when markets open, you’re not alone. “Today will be an ...
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Moody’s analysis: Trump presidency would ‘significantly’ hurt economy

(Politico) Donald Trump’s presidency would “significantly” weaken the country, driving the U.S. into a “lengthy recession” with nearly 3.5 million job losses and a 7 percent unemployment rate, ...
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Consumer Spending Surges and Home Prices Climb

WASHINGTON — Consumer spending surged in April, led by a big jump in purchases of autos and other durable goods, while home prices kept climbing in March. Consumer ...
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Earnings season begins

Ben Bimson  BCJ Financial When is down really up? Earnings season for the 1st quarter kicked off last week and markets were happy with the results. It is ...
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U.S. payrolls surge, bolster Fed rate hike prospects

U.S. employment gains surged in February, the clearest sign yet of labor market strength that could further ease fears the economy was heading into recession and allow the ...
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Can the markets predict recessions?

Ben Bimson/BCJ Financial 2/8/2016 “This time is different.” We have heard that how many times? Yet, it is hard to resist temptation to buy into the rhetoric when ...
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Why Are Stocks Falling in Sync With Oil Prices?

Lower oil prices are supposed to be good for the economy and stock market because they provide consumers and businesses with more money to spend. But since early ...
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Confidence Rises to Five-Month High as Americans Cheer Discounts

Confidence ended the year on a brighter note as low prices put U.S. consumers in the holiday spirit. The University of Michigan said Wednesday that its final sentiment ...
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Market pullback could be healthy

Contributed by Benjamin Bimson, CIMA® Investment Advisor  BCJ Financial This week we attended the Schwab Impact 2015 conference in Boston, MA. The Impact conference is a huge one ...
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