Month: October 2019

Stock Markets Buoyed Friday by Solid Jobs Report

Stocks

Stocks rallied Thursday due to increased hopes that the Federal Reserve may lower rates later this month. Friday brought us a solid jobs report, which pushed them up further. Many economics hold the belief that unemployment below a certain level, 5.5% generally, it causes too much inflation that may need to be managed. They believe […]

Charles Schwab Ditches Commissions, Industry Reels

Charles Schwab

Trading commissions have been going down ever since discount brokerages first appeared on the scene. Charles Schwab has now gone all in with zero commissions. At one time, not that long ago, placing orders for stocks was an expensive affair indeed. Brokers didn’t call themselves full-service brokerages back then because all brokers were full-service. Trading […]