In this week’s recap: a bit more inflation pressure, a big fall retail sales gain, another setback for light sweet crude, and a down week on Wall Street. Weekly Economic Update Presented by JB Beckett, November 19, 2018 IN OCTOBER, INFLATION JUMPED THE MOST SINCE JANUARY The Consumer Price Index rose 0.3% last month, according to the […]
Beckett Financial Group 825 Meeting Street, West Columbia, SC 29169 BeckettFinancialGroup.com (803) 939-4848 JB Beckett JB@BeckettFinancialGroup.com Monthly News and Information for Current and Future Retirees Presented by JB Beckett – NOVEMBER 2018 QUOTE OF THE MONTH “Live life to the fullest.” ERNEST HEMINGWAY retirEment PLANNING CONTINUES AFTER YOU RETIRE It can be easy […]
In this week’s recap: swift service sector expansion, sustained consumer optimism, a surge in wholesale inflation, and gains for equities. Weekly Economic Update Presented by JB Beckett, November 12, 2018 SERVICE SECTOR KEEPS BOOMING At a lofty October mark of 60.3, the Institute for Supply Management’s non-manufacturing purchasing manager index was a bit lower than the […]
In this week’s recap: core inflation reaches a 10-year peak, oil’s losing streak continues, earnings impress, and Wall Street indices have a mixed week. 1 Weekly Economic Update Presented by JB Beckett, August 13, 2018 INFLATION AT 2.9%, CORE INFLATION AT 2.4% Friday, the Department of Labor reported these annualized gains through July of this year for […]
In this month’s recap: earnings and fundamentals encourage Wall Street, while tariff talk continues, inflation pressure mounts, and home sales decline. Monthly Economic Update Presented by JB Beckett, August 2018 THE MONTH IN BRIEF While investors kept tariffs and trade disputes in mind in August, a new earnings season provided Wall Street with […]
In this week’s recap: an impressive Q2 GDP reading, a consumer sentiment dip,a falloff in home buying, and the end of a long stock market correction. Weekly Economic Update Presented by JB Beckett, July 30, 2018 First estimate of Q2 GDP: 4.1% Not since the third quarter of 2014 has the economy grown at such […]
In this week’s recap: retail sales impress again, groundbreaking suddenly tails off, stocks tread water, and more tariffs might be in store for China. Weekly Economic Update Presented by JB Beckett, July 23, 2018 ANOTHER GOOD MONTH FOR RETAIL SALES Americans are spending freely, as new Census Bureau data confirms. Retail sales advanced 0.5% last […]
In this week’s recap: inflation pressure mounts, a household sentiment index dips, gold settles lower, and stocks rally as a new earnings season begins. Weekly Economic Update Presented by JB Beckett, July 16, 2018 INFLATION NEARS 3% The federal government’s Consumer Price Index rose 2.9% across the 12 months ending in June, a […]
In this Q2 recap: tariffs take center stage, U.S. data signals solid growth, oil gains 18.4%, and the S&P 500 rises nearly 3%. Quarterly Economic Update A review of Q2 2018, Presented by JB Beckett THE QUARTER IN BRIEF At the end of 2018, economists and journalists may look back on the second […]
In this week’s recap: impressive hiring, healthy service and factory sectors, the Fed’s view of the present and near future, and gains for equities. Weekly Economic Update Presented by JB Beckett, July 9, 2018 another STRONG MONTH FOR THE LABOR MARKET Employers hired 213,000 more workers than they laid off in June, according […]
