- U.S. equity markets have paired the losses they sustained earlier in the week, as data showed weekly jobless claims fell to their lowest level since September and optimism flowed from ongoing fiscal negotiations in Washington.
- The S&P 500 ended the week above 1,800 points and the Dow average has climbed above 16,000 for the first time ever.
- The macroeconomic data out this week confirms a gradual improvement in the pace of the recovery, as the U.S. economy continues to show resilience in the face of fiscal headwinds.
Source: TD Economics
Kansas City Financial Planner Article of the Week – Census ‘faked’ 2012 election jobs report: http://nypost.com/2013/11/18/census-faked-2012-election-jobs-report/
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John P. Chladek, MBA, CFP® is the President of Chladek Wealth Management, LLC, a fee-only financial planning and investment management firm located in Leawood, KS, a suburb of Kansas City near Overland Park. For more information, visit http://www.chladekwealth.com.