Broker Check
May 2025

May 2025

June 01, 2025

In April, the U.S. economy added 177,000 jobs, surpassing expectations of 130,000.  This marks the 52nd consecutive month of jobs growth, the second-longest streak in U.S. history! Bureau of Labor and Statistics, May 2, 2025

The U.S. bond market has now been in a drawdown for 57 months – by far, the longest in history. Creative Planning, May 5, 2025

 Google currently commands approximately 89.66% of the global search engine market share, solidifying its position as the most-visited website worldwide. The platform processes more than 8.5 billion searches daily, amounting to more than 3 trillion searches annually. GlobalStats, April 2025

This year’s NBA Finals will end a decades long title drought, no matter who wins. The Indiana Pacers and Minnesota Timberwolves have never won a championship, while the New York Knicks haven’t won since 1973 and the Oklahoma City Thunder haven’t won since 1979 when they were still in Seattle. NPR, May 20, 2025

62% of all outstanding mortgages have yields of less than 4%. California, Utah and North Dakota have the highest share of sub-4% mortgages (71%), but in all 50 states, at least half of outstanding mortgages have rates of less than 4%. Axios, May 19, 2025

Boom Supersonic's XB-1 prototype – considered to be “America’s response to the Concorde” – successfully broke the sound barrier, reaching Mach 1.1 during a test flight over California's Mojave Desert.  This milestone brings the company closer to introducing its Overture airliner, designed to carry 64 to 80 passengers at speeds of Mach 1.7, which could potentially reduce flight times between New York and London to just over 3.5 hours. CNN Travel, January 28, 2025

Nonresidential fixed investment in IT equipment (driven mostly by data-center spending) accounted for nearly one full percentage point of US GDP growth in Q1, eclipsing the prior record high seen in Q1 2000 at the height of the dot-com boom. Apollo Academy, May 28, 2025

Of 910 Generation Alpha Americans ages 12 to 15, the top two career aspirations were YouTuber (32%) and TikTok creator (21%). Along with 15% of those surveyed who aspire to be professional online streamers, over two-thirds of Gen Alpha Americans aspire to be some form of online influencer for their career. Fortune, April 26, 2025