◀ The Principal Blog

U.S. economy improves again – February jobs report



This morning, the Department of Labor reported that the U.S. economy added 235,000 jobs in February, and the unemployment rate ticked down to 4.7%. Headline job growth was above 200,000 jobs for a second month in a row, and average hourly earnings increased by a healthy 2.8%. Here are my thoughts…

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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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