Mornings with Hansen & Tommy

Financial News with Frank Hewitt
8:20 am Monday

Hansen and Tommy are joined by financial advisor Frank Hewitt every Monday morning at 8:20 for a round-up of financial news, early market action, and a preview of what to expect during the week.  We're not saying Frank always has bad news, but let's just say we keep after him for a silver lining.  The market has to bottom out sometime, right?

For serious inquries, you can contact Frank directly by clicking HERE.
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Unemployment Sucker Punch
July 6, 2009

7/6/2009

It may not have been the other shoe dropping, but June unemployment numbers released last Thursday were 100,000 more than expected, sending the market into a tailspin on the eve of the July 4th holiday, and throwing the status of the now-19 month recession into uncertainty. Unemployment numbers are up so sharply and have been so long-lasting, for every person currently out of work, one out of three has been out for six months or longer. Looking for sensible career avenues? Areas most likely to see job growth over the next decade are health care, infrastructure, energy, and technology. A new consumer sentiment report is due Friday, and Uncle Sam will attempt to sell $136 billion dollars' worth of government bonds, in part to see if foreign governments are still supportive of buying U.S. debt (especially China).

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