The chief role of the Federal Reserve used to be to fight inflation. It was a role the Fed played well, generally holding inflation in check since the 1980s. With…
Payrolls Up Just In Time For Labor Day Weekend
The stock market was given another boost by better-than-expected economic data today, with an August jump of 67,000 jobs in the private sector. Overall, non-farm payrolls declined by 54,000, but that…
Fixed-Income Investors Weather Sovereign Debt Crisis
Because of our focus on managing risk, fixed-income clients of Wenning Investments generally fared well during last week’s sovereign debt crisis, even though it created widespread panic in global markets…
No Recovery For Most Investors
Two factors make reaching the 10,000 milestone for the Dow what Dorsey Wright calls “the quintessential Pyrrhic victory” for many investors around the world. First, bond funds attracted net deposits…