◀ The Principal Blog

March goes live: breaking down Janet Yellen’s testimony



Federal Reserve (Fed) Chair Janet Yellen endured a grueling and highly politicized two-day round of Congressional testimony. Senators and congressional representatives asked numerous politically charged questions about Dodd-Frank and the Fed’s role in financial regulation. The politicians lobbed…

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January jobs report – strong numbers with some surprises



The Department of Labor reported on Friday that 227,000 were added in January, well ahead of market expectations. Wage growth was down from recent months, with average hourly earnings up only 2.5%. The unemployment rate bumped up slightly to 4.8% and the labor force participation rate inched up as…

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