The jobs numbers released yesterday morning, although slightly better than last week, reflected ongoing economic weakness and poor prospects for a strong recovery in the short-term. Unemployment claims remain at a four-week average of 377,750 (Source: WSJ Online); we are experiencing the highest levels since June. One of the goals of the recent QE3 Fed
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Last Friday Lowe Wealth Advisors informed our clients about the Feds’ new QE3 program and addressed its potential impact on the Capital Markets. On Thursday and Friday, we saw a generally positive response in domestic equity prices and a somewhat negative response in certain bond prices. Some commodities such as gold rose in value. (Note: commodities
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