With few exceptions, everything I read says that investors should stay away from long term bonds.
Any rise in interest rates (they can’t go lower) will cause bond prices/values to fall.
Time Magazine says the states with the highest job growth over the next 2 years (4.7%) will be Texas and Utah.
Lowest will be WY, SD, IA, OH.
Back to our earlier 2010 discussion...
The insurance industry lost 2.5% of its jobs, but salaries in all categories were up.
Household savings continued to climb, but more slowly (now about 5%), up from their low of 1%.
GDP passed its 2008 peak, but the jobless rate remained stuck in the 9.6% range.
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