Entries by Jacob Mazone

Fall 2019 Economic Update – Warning

The U.S. economy’s excellent steady job-creation sputtered slightly in August 2019 and produced a mere 120,000 jobs, about 30,000 less than experts anticipated. It is the 3rd smallest gain in well over a year and came on top of other signs that the economy is sluggish leading into the Fall season. This coupled with many […]

Summer 2019 Economic Warning

Mid-June 2019: I have an economic warning and prediction, so in this update please pay attention to the reasons why I fear an impending doom in the form of a deep recession, similar or greater than the crash of 2008-09, is evident. Stocks (Corporate holdings) will drop in excess of 50 percent in value by […]

Spring 2019 Economic Update

As a service to friends and valued long-term clients, Retirement Portfolio Management provides periodic economic updates to keep the public informed and help make sound business and personal property decisions. The US economy’s remarkably steady job-creation sputtered in February 2019 and produced a mere 20,000 jobs. It was the smallest gain in well over a […]

Oct 2018 Economic Update

The U.S. economy added 134,000 jobs in September, but wages grew at a lower pace over the past rolling 12 months. Wages were also up only 1.0% compared with a year earlier. Eighteen states so far in 2018 have raised their minimum wage… which helped consumer earnings this year. The net result of the ‘Obama+Trump’ […]

2018 Economic Update

As a service to friends and valued long-term clients, Retirement Portfolio Management provides periodic economic updates to keep the public informed and help many to make sound business and personal decisions. As of the June 1st, 2018 The U.S. economy added 178,000 jobs in May, and wages grew at a moderate pace over the past […]

Economic Update

As a service to friends and valued long-term clients, Retirement Portfolio Management provides periodic economic updates to keep the public informed and help many to make sound business and personal decisions. As of the 2nd week of February, 2018 The U.S. economy added 200,000 jobs in January, and wages grew at the fastest pace in […]