What lies beneath good news

Winter 2015

 

At least stateside, we’re being dealt too many aces for event the biggest naysayers to suggest we pick up whatever remaining chips we have on the table, cash out, and head for the door.  The economy created another 252,000 jobs in December, a record 58th straight month of private sector gains.  The jobless rate dropped to 5.6 percent, nearly back to normal after peaking at 10 percent in October of 2009, and consumers have returned in spite of the recent December report of a decline in consumer spending that was largely impacted by a 19% drop in gasoline prices (figures that aren’t adjusted for in the government’s release).  Read more here.   OCM Folio Winter 2015