Hale Stewart | TalkMarkets | Page 2
Financial Adviser; Complex Tax Planning; Captive Insurance Companies
F. Hale Stewart received his JD from the South Texas School of Law in 2003 and earned an LL.M. in international and domestic taxation from the Thomas Jefferson School of Law where he graduated magna cum laude. Mr. Stewart has provided continuing education for the American Bar ...more

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A Note About The Financial Markets
In the past 10 years, bonds paid you very little, while stocks rewarded you handsomely.
Strong Manufacturers New Orders In November ISM Report
The ISM report's new orders subindex for November rose back strongly. Yesterday's reading was about average from earlier this year.
Why This Friday I'll Pay Particular Attention To The Temporary Jobs Number
Over the three months beginning last November, monthly jobs growth averaged a little under 190,000.
The Recent Rise In Initial Jobless Claims: Signal Or Noise?
Yesterday initial jobless claims for the prior week were reported at 234,000, a six month high. That's 32,000 above the recent one week low.
October Personal Income And Spending Strong
In October personal income increased 0.5%, and personal spending increased 0.6%. These are both very strong increases.
October New Home Sales Plummet - But Take It With A Big Grain Of Salt
New home sales plunged -8.9% in October to the seasonally adjusted annual rate of 544,000.
Q3 Corporate Profits Increase
Third quarter corporate profits were released as part of the first revision of GDP this morning.
Remember! Home Sales Lead; House Prices Follow
This morning two important measures of house prices were released, both for September.
A Belated Happy Thanksgiving And A Note About The Index Of Leading Indicators
The readings are forecasting somewhat slower growth in the first half of next year.
October Housing Permits And Starts Flat Vs. Trend
This morning's report on housing permits and starts will do nothing to stop the now-received wisdom that higher interest rates, higher prices, has caused this most important cyclical market to cool.
Real Wages Unchanged, Real Money Supply Increases In October
Real wages were unchanged month over month, as both nominal wages and consumer inflation both increased by +0.3%.
Big Producer Price Increase In October - If A Trend - Is A Problem
Headline producer prices rose +0.6% in October, the highest reading in 6 years.
Setting Markers For A 2019 Slowdown In The Jobs Market
How might a slowdown (not a recession, but a decline in growth to the 1%-2% YoY range in GDP) manifest itself in the employment arena?
October Jobs Report: Probably The Best Report Of The Entire Expansion
This was probably the single best report of the entire expansion. The only flies in the ointment were a slight increase in people not in the labor force who want a job now, and a slight decline in the manufacturing workweek.
ISM New Orders Posts Lowest Reading In Nearly 2 Years
The October PMI registered 57.7 percent, a decrease of 2.1 percentage points from the September reading of 59.8 percent.
Some Good News On Workers' Wages
There was some good news this morning about workers' wages. The quarterly employment cost index showed a q/q increase of +0.9% for wages and +0.8% for overall compensations.
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