Weekly Update:

Good morning and happy Monday!

Economic reports continued to be mixed.  On the positive side, the unemployment rate has hit an all-new low of 3.5%.  There is a record number of Americans employed, which relates directly to the combination of Baby Boomers still working and Millennials entering the workforce.  There is also a slowing in manufacturing, with the PMI index declining 1.3 percentage points to 47.8 percent.

Interest rates remain low, and the outlook is muddied with political grandstanding.  Enjoy the week.

Contact your MFA advisor to discuss ways to grow profitability with an inverted yield curve.  All of us at McQueen Financial are dedicated to your long-term success.

Have a great week!

Charley

Your email address will not be published. Required fields are marked *