The June non farm payrolls report did not prove the US economy is breaking. It did something more important for markets: it showed the labor market is not hot enough to force the Fed’s hand. Non-Farm Payrolls rose just 57k, far below expectations of 114k, while May was revised down from 172k to 129k. That […]
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The UK’s private sector returned to growth in July as the services sector rebounded after two months of contraction. The S&P Global UK Services PMI rose to 52.1 from 48.8 in June, while the Composite Read more…
The Eurozone economy gathered momentum at the start of the third quarter, with business activity expanding at its fastest pace in eight months as the services sector returned to growth. The final S&P Global Composite Read more…
A retirement portfolio takes years to build, but one emotional decision during a market downturn can wipe out a significant portion of those gains permanently. T. Rowe Price and Warren Buffett have both identified the Read more…