PHONE: 414-223-1099 TOLL-FREE: 1-800-236-1096

Money Talk Podcast, Friday April 12, 2019



Landaas & Company newsletter  April edition now available.

Advisors on This Week’s Show

Brian Kilb

Art Rothschild

Dave Sandstrom

Chris Evers

(with Max Hoelzl and Joel Dresang)

Week in Review (April 8-12, 2019)

Significant economic indicators & reports


The Commerce Department said factory orders fell in February for the fourth time in five months. Excluding volatile orders for transportation equipment, orders rose for the first time in four months. Longer-lasting durable goods orders declined 1.6% while requests for non-durable goods rose 0.6%. Year-to-year, factory orders rose 2.4%, slightly behind the rate at which business investments were growing.


U.S. employers reported 7.1 million job openings in February, up more than 7% from January, which was second highest only to November in 18 years of data from the Bureau of Labor Statistics. For the 12th month in a row, open jobs outnumbered the number of Americans who were out of work and looking for positions. The level of hiring stayed at an historically high level. The quits rate, which indicates worker confidence in finding a new job, remained at an historically strong 2.3% for the ninth month in a row.

job openings_unemployed Feb 2019


The broadest measure of inflation, the Consumer Price Index, rose 0.4% in March, with 60% of the increase powered by a 3.5% gain in energy prices. Excluding energy and food prices, the core CPI grew 0.1%, the same as in February. Year-to-year, the core rose 2%, the smallest gain in 13 months, according to the Bureau of Labor Statistics. Higher costs for shelter and food away from home contributed to the rise in annual inflation.


The four-week moving average for initial unemployment claims sank to its lowest level since late 1969. Data from the Labor Department show new jobless applications are 41% below the 52-year average after falling for the sixth time in seven weeks. Claims have been below average every week since the beginning of 2013, underscoring a tight labor market, which should empower consumers to spend more. Consumer spending accounts for about two-thirds of the U.S. economy.

Mostly because of the increased costs of energy, wholesale inflation rose in March at the highest monthly pace since October. Including volatile prices for food, energy and trade services, the Producer Price Index rose 0.6% from February and 2.2% from March 2018, the Bureau of Labor Statistics reported. Excluding those prices, the core rate of wholesale inflation was unchanged. Year-to-year, the core rate rose 2%, having dropped every month since hitting 3% in October.


The University of Michigan said its preliminary consumer sentiment reading for April declined – but only in the expectations component. Feelings toward current conditions rose slightly. An economist with the survey said consumer sentiment has been in a “sideways shuffle” recently but over the past 30 months has been at the highest level since the last 10-year economic expansion, which ended in 2001.

Where the Markets Closed for the Week

  • Nasdaq – 7,984, up 45 points or 0.6%
  • Standard & Poor’s 500 – 2,907, up 15 points or 0.5%
  • Dow Jones Industrial– 26,412, down 13 points or 0.0%
  • 10-year U.S. Treasury Note – 2.56%, up 0.06 point

Send us a question for our next podcast.
Not a Landaas & Company client yet? Click here to learn more.
More information and insight from Money Talk
Money Talk Videos
Follow us on Twitter.

Landaas newsletter subscribers return to the newsletter via e-mail.

Text Size:  A  A  reset

No client or potential client should assume that any information presented or made available on or through this website should be construed as personalized financial planning or investment advice. Personalized financial planning and investment advice can be rendered only after engagement of the firm for services, execution of the required documentation, and receipt of required disclosures.
Landaas & Company performs investment advisory services only in those states where it is licensed, or excluded or exempted from state investment advisor licensing requirements. All responses to inquiries made by prospective customers to this internet site will not be made absent compliance with state investment advisor and investment advisor rep licensing requirements, or applicable exemptions or exclusions from licensing.
Please contact the firm for more information.

Powered By: mindspike design
© 2024 Landaas & Company