Truth in Wealth Building

No Recession???

Initial claims for unemployment insurance remained pinned to 40-year-plus lows in the latest week, and continue to suggest that the labor market is tightening. Claims…

Whole Foods Shutters Stores

Chinese foreign currency reserves fell last month to just under $3 trillion. While this is still a huge stockpile, China’s reserves were roughly $4 trillion…

Small Biz Hiring Strong

The National Federation of Independent Business says small business hiring grew in December at an average rate of 0.15 workers per firm, the strongest result…

Oil Drags Company Profits

BP, the old British Petroleum, reported quarterly sales that reached a 10-year low and missed market expectations. The oil giant posted a second consecutive losing…

Girl power boosts profits

It is a quiet week ahead for economic data and policy. With only some data from China. (LPL Research) We will call fourth quarter earnings…

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