WELCOME

JEFF QUIGGLE

Financial Advisor

Experienced Wealth​ Management Professional

Working with Clients to assist them in Personalizing, Planning, and Managing:

                      *Investments

                      *Retirement

                      *Legacy

Top-Down Macro: Assets Sectors Industries 

Current Stock Watch List (pasword required)

Macro: Growth of the U.S. Economy

FED 4th Quarter 2022 Real GDP Growth Estimate: +2.8%

* Initial FED GDPNow model annualized estimate for Q4 2022 updated 12/01/22. 

 

BEA 3rd Quarter 2022 Real GDP Growth Estimate: +2.9%

* BEA 2nd estimate of Q3 2022 real GDP annualized growth reported 11/30/22, following a decrease of -0.6% in 2nd quarter 2022. 

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Rate of Inflation year over year for October: +7.7%

* BLS annualized rate of inflation for Octoner reported 11/10//22 down from 8.2% for September, and still one of the highest rates of inflation since 1981.

 

Real Wages annualized for October deceased by:  -3.7%

Real average weekly earnings annualized for October reported by the BLS on 11/10/22.  

Producer Price Index for October down to:  +8.0%

*BLS producer price index for final demand annualized in October reported 11/15/22.

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Milton Friedman:

"Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output."

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Macro: Employment in the U.S. Economy

*Unemployment Claims 4-week moving average: 226,750

on 11/19/22 up from the previous week's revised average.

*DOL weekly claims for unemployment data reported 11/23/22.

  

**Unemployment Rate in October rose to: 3.7%

* *Non-farm Employment in October was lower at: 261,000

**Unemployed Number in October was lower at: 5.7M

* *BLS employment data for October 2022 reported 11/04/22.

***Job Openings at end of October decreased to: 10.3M

* **BLS job openings on last day of October down 4.3% from September as reported 11/30/22.

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