Daily Rate Update: November 25th-29th

Daily Rate Update: November 25th-29th

Wednesday – November 27, 2019 The second reading on Q3 Gross Domestic Product (GDP) rose to 2.1% from 1.9%. Within GDP it showed that consumer spending rose a solid 2.9%. The holiday shopping season is expected to robust given the strong job market and a healthy...
Daily Rate Update: November 18th-22nd

Daily Rate Update: November 18th-22nd

Friday – November 22, 2019 All US markets are closed next Thursday for Thanksgiving. On Friday, the bond markets close early at 2:00 p.m. ET while stocks close at 1:00 p.m. ET. Next Friday is typically one of the lowest trading volume days of the year. This...
It’s Just The Facts: October 2019

It’s Just The Facts: October 2019

IS THAT ENOUGH? – 58% of 1,015 Americans surveyed in August 2019 believe that a retiree who has accumulated $1 million in pre-tax investment accounts will be able to enjoy a “comfortable” lifestyle in retirement (source: TD Ameritrade). A TRILLION...
Daily Rate Update: November 12th-15th

Daily Rate Update: November 12th-15th

Friday – November 15, 2019 The consumer is alive and well and continues to drive the U.S. economy. October Retail Sales rose 0.3%, higher than the 0.2% gain expected boosted by auto sales and higher gasoline prices. Consumer spending making up nearly 70% of...