News
Weekending Financial Scorecard
Here’s the most important financial data that you need to know to be fairly well informed. Each week I post the weekending scorecard of data for 8 financial markets and 10 economic indicators. As of 4/26/2013:
The week stocks, crude oil futures, and gold came up a little, while interest rates slid [...]
Weekly Financial Data Report
Here’s the most important financial data that you need to know to be fairly well informed. Each week I post the weekending scorecard of data for 8 financial markets and 10 economic indicators. As of 4/19/2013:
The week was bumpy in stocks, crude oil futures came down quite a bit, as did gold and [...]
Weekending Financial Scorecard, 4/12/13
I took a few days off, so I am late in posting last Friday’s weekending results. Here’s the most important financial data that you need to know to be fairly well informed. Each Friday I post the weekending scorecard of data for 8 financial markets and 10 economic indicators. As of [...]
Weekending Financial Scorecard, 4/5/13
Here’s the most important financial data that you need to know to be fairly well informed. Each Friday I post the weekending scorecard of data for 8 financial markets and 10 economic indicators. As of 4/5/2013:
FINANCIALS: We are seeing some settling down in stocks, crude oil and interest [...]
Weekending Financial Scorecard, 3/29/13
Here’s the most important financial data that you need to know to be fairly well informed. Each Friday I post the weekending scorecard of data for 8 financial markets and 10 economic indicators. As of 3/29/2013:
FINANCIALS: The US stock market continues to do well, while other indicators show early [...]
Weekending Financial Scorecard, 3/22/13
Here’s the most important financial data that you need to know to be fairly well informed. Each Friday evening I post the weekending scorecard of data for 8 financial markets and 10 economic indicators. As of 3/22/2013:
FINANCIALS: The US stock market continues to do well, while other indicators [...]
Weekend Financial Scorecard 3/15/13
Here’s the most important financial data that you need to know to be fairly well informed. Each Friday evening I post the weekending scorecard of data for 8 financial markets and 10 economic indicators. As of 3/15/2013:
FINANCIALS: The US stock market continues to do well, while other indicators [...]
Weekending Financial Scorecard 3/8/13
Here’s the most important financial data that you need to know to be fairly well informed. Each Friday evening I post the weekending scorecard of data for 8 financial markets and 10 economic indicators. As of 3/8/2013:
FINANCIALS: The Dow finished another week above 14,000, hitting new record [...]
Weekending Financial Scorecard, 2/22/13
Here’s the most important financial data that you need to know to be fairly well informed. Each Friday evening I post the data of 8 financial market’s, and 10 economic indicator’s weekending scorecard. As of 2/22/2013:
FINANCIALS: The Dow finished the week above 14,000, S&P stayed above 1500 but it [...]
Unemployment Numbers Update, December
Unemployment, New Jobs, and Jobless Claims Statistics:*
Monthly change in non-farm payrolls – Flat: 155,000 new jobs were added in December, compared to 146,000 added in November, and 171,000 in October.
Unemployment – Flat: December’s rate of 7.8 matched the revised November rate of 7.8% [...]
The Fiscal Cliff Deal, Winners and Losers & What It Means To Your Personal Finances
The showdown in Washington over Federal taxes and spending ended with an agreement signed into law this week. Here are the losers and winners that we can see at this point. Further analysis is forthcoming of H.R.8 – American Taxpayer Relief Act of 2012, and will be reported to you later this [...]
Do you want to know what the fiscal fight is really about?
This is a non-partisan article about what the fiscal cliff fight is really about. It is a philosophical battle, but if you read the newspapers, and watch TV news, you will not get this story. Believe you me, I have watched and read many commentaries and opinions about this, but no one has yet to [...]
A Primer on Recession Indicators: Gross Domestic Product and Unemployment
Unemployment statistics are an important indicator of how our economy is doing; more people employed points to stronger business growth and to fewer people receiving government entitlements. However, this is a little difficult to track, since the government doesn’t really publish a combined [...]
The US Economy Growing (GDP) at Good Rate, Is It Enough?
The Commerce Department announced Thursday that the Nation’s Gross Domestic Product (GDP) increased at an annual rate of 2.7%, for the third quarter. Is it time to celebrate that the economic recovery has arrived?
GDP tracks the size of our economy by calculating the total dollar value of all goods [...]
Important Financial Information for the Week Ending 11/23/12
A lot of financial data and information is tossed around in the news, however mostly its confusing so it is ignored. To help you be more MoneyEducated, each Friday I post information that I find most helpful to personal finances. I have been doing this for a year, and this has gone from just stock [...]
Tax Planning: In Uncertain “Fiscal Cliff” Times & Year End Tax Planning
Kevin Koval, CPA, ABV, CFP and Roger C. Nagel, CPA, CMA of Nagel, CPAs*
With the completion of the presidential elections there has been much discussion focused on the so-called “fiscal cliff”. Many economic forecasts have stated that President Obama and Congress need to reach some agreement to [...]
Important Financial Information for the Week Ending 11/16/12
A lot of financial data and information is tossed around in the news, however mostly its confusing so people ignore it. To help you be more MoneyEducated, each Friday I post information that I find most helpful to personal finances. I have been doing this for a year, and this has gone from just [...]
Important Financial Information for the Week Ending 11/9/12
A lot of financial data and information is tossed around in the news, however most people find it confusing. Therefore each Friday I post information that I find most helpful to personal finances. One year ago this week I started doing this with just stock market and mortgage rates. This weekly [...]
October Unemployment Numbers Announced
Unemployment, New Jobs, and Jobless Claims Statistics:*
Negative: Unemployment INCREASED in October to 7.9% from 7.8% in September: September’s was the lowest rate since January 2009, and was good improvement over August’s 8.1%, so this shows things are really remaining about the same. However, [...]
What is GDP, and What is it Trending in the 3rd Quarter?
You probably hear about GDP on the evening business news all the time, but do you wonder what it means and what it indicates about our current economy?
GDP stands for gross domestic product, and represents the output of goods and services produced by labor and property in the United States, and is [...]
Are We Headed for a Double Dip Recession in 2013?
Do you think we are headed for a double-dip recession in 2013? Technically a recession occurs when business cycles retract, evidenced by down consecutive quarters of GDP, or a 12 month 1.5% or more rise in unemployment. The most recent recession officially started December 2007 and ended June of [...]
Unemployment Numbers Released
Unemployment, New Jobs, and Jobless Claims Statistics:*
Positive: Unemployment DECREASED in September to 7.8% from 8.1% in August: Is this a good indication of improvement? Any indication of positive change is good, and this is lowest rate since January 2009. However, this ‘Official Unemployment’ [...]
Are we headed into another recession in 2013?
What is a recession?
Technically a recession occurs when business cycles retract, evidenced by down consecutive quarters of GDP, or a 12 month 1.5% or more rise in unemployment.
When did the recession end?
The most recent recession officially started December 2007 and ended June of 2009.
Did the US [...]
Options for the Unbanked
Several media sources report that 1 in 12 households or 10% of Americans today do not use bank checking accounts, but use cash for everything. Most people have had checking accounts at some point. Some have had to close them because they never learned to manage them well. Others closed accounts [...]
How Does Inflation Affect Savings?
People are aware of inflation, since it is talked about all the time on the news and they see gasoline prices increasing astronomically and erratically. You may have heard someone talk about loss of purchasing power, but what does that mean?
As a quick review, when you invest or save money, and you [...]
Important Personal Finance Rates 9/14/12
This week the stock market continued its climb, as did oil and gold, while interest rates held steady, but the dollar continued to loose value, actually it got hammered. Jobless claims continue to trickle up. These indications are good for investors, bad for consumers, okay for borrowers, and [...]
Important Personal Finance Rates 9/7/12
These are the numbers that I find helpful to know, so that I can see general trends in the market, things that affect personal finances such as future costs of gasoline and interest rates, and jobs numbers so I can see what might be happening as we work our way out of the Great Recession. Friday to [...]
August Unemployment, Payroll and Jobless Claims Results and Explanations
Unemployment statistics are an important indicator of how our economy is doing; more people employed points to stronger business growth and to fewer people receiving government entitlements. However, this is a little difficult to track, since the government doesn’t really publish a combined [...]
Important Personal Finance Rates 8/31/12
These are the numbers that I find helpful to know, so that I can see general trends in the market, things that affect personal finances such as future costs of gasoline and interest rates, and jobs numbers so I can see what might be happening as we work our way out of the Great Recession. Friday to [...]
Important Personal Finance Rates 8/24/12
These are the numbers that I find helpful to know, so that I can see general trends in the market, things that affect personal finances such as future costs of gasoline and interest rates, and jobs numbers so I can see what might be happening as we work our way out of the Great Recession. Friday to [...]
