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Remembering Those Who Made America Great And Prosperous
It's Memorial Day weekend, a time to remember those who sacrificed everything for our nation. The United States is on a path to remain a beacon of freedom, democracy, and prosperity for decades to come, thanks to those who fought and lost their lives in the nation's armed forces.more >

A Flurry Of Economic Data Releases Left Stocks Unfazed This Past Week
A few economic data releases this past week will be of interest to investors, including housing starts, the consumer price index, and the index of leading economic indicators - all updated with data for April. In addition, on Wednesday, the Federal Reserve released its April meeting minutes. Once again, the data was uniformly positive. While not gangbusters, the data indicates the economy is on an even growth path, heading toward gradually lower unemployment, and, at some point, rising inflation.more >

Gloomy Retail Sales Drag Down Stocks, But Retail Sales Are Actually Booming
From the headlines, you would think that retail sales are in the dumps. After the market closed on Friday, Reuters and the Associated Press headlines blamed the drop in retail sales for the tough week on Wall Street - the third losing week in a row. The Wall Street Journal, the nation's financial newspaper, reported that the first three months of 2016 - when sales dipped by 5.6% from a year earlier - was Macy's worst quarter since The Great Recession. Macy's was not alone but it grabbed the headlines. J.C. Penney, Kohl's, Gap, Nordstrom, and other retailers all reported poor results. You would never know from these headlines that retail sales are actually booming.more >


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