Category: Market Perspectives

Market Perspectives

U.S. EQUITY MARKETS WERE MIXED HEADING INTO THE LABOR DAY WEEKEND NONFARM PAYROLLS UNDER PRESSURE DUE TO DELTA VARIANT? U.S. equity markets wrapped up the week mixed, as the tech-laden NASDAQ (+1.6%) outpaced the large-cap S&P 500 (+0.6%) and smaller-cap Russell 2000 (+0.7%) heading into the holiday weekend The mega-cap…

market-perspective

The initial phase of the economic restart has been quicker than expected, evidenced by the recent IMF’s upgrade to its global growth outlook. Yes, we have seen a rise in Covid-19 infections, but fatalities and hospitalizations have abated and a severe second wave seems less of a concern versus a…

market-perspective

A Consequential Election The U.S. Presidential election is expected to have big implications for markets – fiscal stimulus, public investment, taxation, regulation, and foreign affairs. We anticipate markets focusing on presidential debates, U.S. consumer confidence and employment numbers later this week. This time around, the U.S. election has a backdrop…

market-perspective

Stocks enjoy another banner week amid elevated risks. Second-quarter earnings data was destined to be catastrophic. However, corporate earnings have been better than many feared, leading to rising investor sentiment and stock prices. The downside, on the other hand, markets may have already priced in many of the positives. In…

market-perspective

Over the last few weeks, the European Union’s massive fiscal plan and expectations of additional stimulus in the U.S. seems to be effective in raising the hopes of investors. Still, upside in stocks was limited amid continued signs the economic recovery may be stalling – likely due to stalled progress…

Further thought on Coronavirus and Finances typewriter 2019-ncov no panic

We’ve addressed the evolving situation around coronavirus/COVID-19 in both our podcast and a previous blog. However, given the ongoing effects that concern the disease are having on both the marketplace and the zeitgeist, we’d like to delve into it again. In brief: our current circumstances are best approached with a…

stock market, U.S. Economy, Crystal Ball, uncertainty

The U.S. economy generated an impressive 266,000 jobs in November, in part reflecting the return to work of formerly striking GM employees. The Labor Department reported the unemployment rate ticked lower to 3.5%.  They revised upward job growth in September as well as October. Lastly, they indicated wage growth rose…

bull market, rising stock market, strong

The U.S. stock market, which is trading at all-time highs, tends to rise when there is no overhead resistance and economic indicators point to strength. The trajectory of markets has its foundation in the country’s democratic political system and its market-based, capitalist economic system. Using a simple theory, the stock…