W. Edward Newton Jr., CFP (R) | 13850 Ballantyne Corporate Place, Suite 500 | Charlotte, NC 28277 | 704-552-8689

 

Good Friday, Positive Week, Fed Countdown...
         for Week Ending 12/4/2015

 

All the major averages closed strong Friday pushing them all into positive territory for the week with the Dow up 49 pts or 0.28%, the S&P 500 was up 1.58 pts or 0.08%, and the NASDAQ up 14 pts or 0.29%, all approaching their summer highs (see graph below). Expectations for a Fed rate increase grew as the economy added 211,000 November jobs, while the Labor Force Participation Rate crept up to 62.5%. Will our economic forces stay strong & keep the markets positive or will the dark side show up after the Fed meeting Dec 15-16? Until then have a good weekend! Ed.



If you have comments or questions on the information in these articles,
as usual feel free to call our offices.



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Regards, W. Edward Newton Jr., CFP (R)

Certified Financial Planner

 

 

 

 

W. Edward Newton Jr., CFP | Certified Financial Planner

13850 Ballantyne Corporate Place, Suite 500 Charlotte, North Carolina 28277 Phone: (704) 552-8689 | Email: ednewton@newtoninvestments.com