Hiring comes roaring back

Employers added a stunning number of jobs to their payrolls in June, but unemployment rose.

from Bankrate.com » Economics http://www.bankrate.com/financing/investing/hiring-comes-roaring-back/


Post-Brexit Complacency May Be a Mistake

The day before the UK voted to leave the European Union, the S&P 500 closed at 2113. Last Friday, it closed just under 2103, less than 0.5 percent lower. Even more surprising, through trading on Monday of this week, the FTSE 100 index of UK equities is actually higher by almost 3 percent than it was before the vote. The EuroStoxx 50 index has fared worse by comparison, having fallen 5.8 percent, but it had been down by 11 percent in the days immediately after the vote

from http://newsroom.ameriprise.com/commentary/post-brexit-complacency-may-be-mistake.htm

Investors Seek Safety as Uncertainty Looms After Brexit

The implications of Britain’s vote to leave the EU remain uncertain. In the short-run, it seems likely that economic activity in the United Kingdom, EU and global economy is likely to slow as economic decision making is put on hold. Yearly growth forecasts for each of these regions were being lowered over the weekend by roughly one half percent on average.

from http://newsroom.ameriprise.com/commentary/investors-seek-safety-as-uncertainty-looms-after-brexit.htm