Nonfarm payrolls give an overview of the overall employment outlook of the US economy; nonfarm payrolls do not include those employed in agriculture because of the seasonal nature of their work. This report obtains these numbers from 142,000 businesses and government agencies to track the new jobs added in non-farming sectors of the economy. In October, the unemployment rate is …
Global Interest Rates
While the market seems to be on a rocket ride this year, we may want to move back a little bit and take a look at the market over the past two years. Frequently we look at and are told about the market’s Year-to-Date return. In 2019, it looks fantastic. Who can complain about a 20% plus return in the …
Contrary to Popular Belief: The United States has Really High Interest Rates
Everyone has heard how incredibly low the United States’ interest rates are. The pressing question now is when will the Fed commence ‘Lift Off’? At what increments will rates rise once they begin the program? We have been hearing for a long time that rates have nowhere to go but up. Maybe that is not the case. Comparing America’s current …