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The Morning View: February 17, 2021

Announced this morning, Retail Sales for January increased 5.3%, much higher than the 1.1% expected.  Non-store Retailers, Electronics & Appliance stores, and Furniture & Appliance stores were especially strong, all increasing more than 10% in January, while...

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The Morning View: February 10, 2021

In this morning’s data, the Consumer Price Index increased 0.3% in January, as expected, and is 1.4% higher on annual basis.  Prices for Gasoline were higher for the month, encapsulating most of the increase in the headline figure, while prices for Used Cars and...

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The Morning View: February 5, 2021

Announced this morning, the economy added only 49,000 jobs in January, less than expected and only a slight improvement from last month’s negative result.  The Leisure and Hospitality industry was weak, losing 61,000 jobs in the month which follows a revised 536,000...

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The Morning View: January 29, 2021

In this morning’s data, Personal Income increased 0.6% in December, more than expected.  Personal Spending decreased -0.2% in December, also better than expected, but still negative.  Meanwhile, earlier this week the first reading of GDP in the 4th quarter 2020...

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The Morning View: January 21, 2020

Announced this morning, Initial Jobless Claims were 900,000 for the week ending January 16th, and Continuing Claims were 5,054,000 for the week ending January 9th.  Both were decreases from the previous week, but levels remain elevated.  Meanwhile, the European...

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4 Ways President Biden’s Proposed Tax Changes May Impact You

With the election results in Georgia now certified, we now know the ultimate effect of the 2020 elections, with Democrats gaining control of the White House, maintaining control of the House of Representatives by a slim margin and forging a 50-50 split in the Senate....

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The Morning View: January 15, 2021

In this morning’s data, Retail Sales for December fell -0.7%, worse than expected.  Non-store Retailers, Electronics & Appliances, and Food Service & Drinking Places were especially weak, while Gasoline Stations showed some strength.  The Control Group, which...

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The Morning View: January 8, 2021

Announced this morning, the economy lost jobs in December, falling -140,000, which is the first negative monthly print since April.  The Retail Trade and Construction industries were strong, while Leisure and Hospitality was very weak.  The Unemployment Rate held...

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The Morning View: December 4, 2020

Announced this morning, the economy added just 245,000 jobs in November, less than the 460k expected.  The Transportation & Warehousing industry was strong, while Retail Trade and Government jobs were weak.  The Unemployment Rate fell to 6.7%, from 6.9% the...

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Managing a High Touch Business in a Low Touch World

BY: S. BOND PAYNE Vice Chairman, Corporate Development, Argent Financial Group Chairman, Argent Trust Company of Oklahoma Chief Executive Officer, Heritage Wealth Management When my daughters were young, they would sometimes ask what I did at the office. Trying not to...

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