Truth in Wealth Building

The labor market remains healthy

Weekly jobless claims ticked higher, but the labor market remains healthy. Initial claims for unemployment insurance for the week showed an increase of 15,000 from…

Rising housing costs

Nike reported earnings of 68 cents per share for the quarter on total sales of $8.4 billion. Revenue for the Nike brand was up 7%….

The streak has ended

The streak has ended. The S&P 500 fell over 1% yesterday for the first time in 109 consecutive days. That falls short of the 110-day…

Improving economic data points to more rate hikes

Business inventories increased by 0.3% in January from the previous month. Sales increased 0.2%. Inventories rose at retailers by 0.8% while sales increased 0.5%. Inventory…

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