News

What a difference a day makes!

Before last night, the conventional wisdom held that Hillary Clinton would be our next president and the next four years would be colored by her policy agenda. The markets had already come to..... Click here for...

Economics Today

Federal Reserve/Economic Reports The Fed’s latest Beige Book, measuring the period between late August and early October, indicated economic activity continued to expand at a "modest to moderate pace" as labor market conditions remained tight and wage pressures were...

Economics Today

Federal Reserve/Economic Reports In a speech in Boston, Federal Reserve Chair Janet Yellen suggested policymakers could afford to be patient and that the Fed may need to overshoot its traditional unemployment and inflation targets for a short time to encourage...

Economics Today

Federal Reserve/Economic Reports As expected, The Federal Reserve left short-term interest rates unchanged. The 7 to 3 vote to keep the benchmark federal funds rate steady showed growing divisions within the FOMC about whether the economy can handle a small rate...

Economics Today

Federal Reserve/Economic Reports In a speech on Monday, Federal Reserve member and noted “dove” Lael Brainard indicated her view that the Fed should not hurry to raise interest rates. The dovish comments from Brainard broke a string of recent hawkish statements from...

Economics Today

Federal Reserve/Economic Reports At the Jackson Hole Economic Policy Symposium, Federal Reserve Chair Janet Yellen said, "In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an...

Economics Today

Federal Reserve/Economic Reports In one of the most closely watched reports, July nonfarm payrolls rose 255,000, well above the consensus looking for an increase of 179,000. The average workweek exceeded expectations moderately, increasing 0.1 hour to 34.5 hours....

Argent Investment News – The World, the U.S. and the Markets

There once was a time when all we needed to know about the economy occurred within the confines of our national borders. Then, the free world was rebuilding itself from the devastation of World War II and the U.S. was the building supply company, bank, grocery store...

Argent Investment News – Brexit

Financial markets around the world are reacting to news from Europe last night. Our investment team continues to closely monitor the situation. We want to provide you with some background and information to help put this matter in the proper context.  Click on Brexit...