◀ The Principal Blog

Posts from the ‘Economic Insights’ category

Greece Likely to Exit the Eurozone After “No” Vote



The decisive “no” vote in Sunday’s Greek referendum leaves it likely that Greece will exit the euro – but given the uncertainty of the situation, considering it has never happened before, that could happen either in the next few weeks… or in a year or two. This is…

Read more

June Jobs Report – Positive Job Growth with Weak Details



Due to the holiday, the June jobs report came out on Thursday, July 2, 2015. The report showed decent job growth, adding 223,000 jobs in June, but there were some signs of weakness. The unemployment rate ticked down to 5.3% because the labor force participation rate decreased and average hourly…

Read more

Recent