Our President David Edwards explains how interest rates, tax policy and employment are affecting the stock market’s performance. He also discusses Heron Wealth’s rebalancing strategy for 2018.
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Why the US employment situation matters more than any other indicator right now. Once a month on the first Friday, the US Bureau of Labor Statistics releases the "Unemployment Situation" for the previous month.
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As the first 5 days of January go, so goes January! As January goes, so goes the year! That's the theory, anyway. US stocks gained 1.2% in the first week of the new year, on top of the 6.7% gained last month.
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