Home

Testing New Highs

Markets surged last week after a surprising June jobs report buoyed investor sentiment. The S&P 500 came within a hair of a new record close on the news. For the week, the S&P 500 grew 1.28%, the Dow gained 1.10%, the NASDAQ added 1.94%, and the MSCI EAFE fell 1.76%.[ii] The rally was broad-based, and I’m happy to see that investors are shaking off global worries by responding to success stories at home.

After disappointing April and May jobs reports introduced worries of a labor market slowdown, the June report showed that the economy added 287,000 new jobs last month. Since expectations called for around 165,000 jobs, investors counted the report as a solid win for the economy.[iv]

As with all things economic, there are other opinions. In 2013, the Federal Reserve Bank of Chicago estimated that the economy could get by with just 80,000 new jobs each month; Federal Reserve Chair Janet Yellen stated in December that under 100,000 new jobs per month are needed.

Running sneakers | Cactus Plant Flea Market x Nike Go Flea Collection Unveils "Japan Made" Season 4

Continue Reading

Stocks End Q2 With A Bang

After the previous week’s post-Brexit selloff, stocks closed out last week with one of the best performances of 2016 as investors bought the dip. In the first half of the year, the S&P 500 was up 2.69%, the Dow was up 2.90%, the NASDAQ was down 3.29%, and the MSCI EAFE was down 6.28%. All these numbers are as of the quarter’s end on June 30.[ii]

Several possible roadmaps for the Brexit have been released over the past week by various political factions, but no official plans exist yet.[iv] We can expect these negotiations to dominate European headlines for months to come.

What does the data say about the U.S. economy?

Running Sneakers Store | Air Jordan XXX1 31 Colors, Release Dates, Photos , Gov

Continue Reading

What US Investors Need to know about the Brexit

affiliate link trace | Patike – Nike Air Jordan, Premium, Retro Klasici, Sneakers , Iicf

Fed Pauses on Brexit Fears

Markets fell on Brexit fears and concerns about the Fed’s dovish statements, giving the Dow its worst week in a month.[i] For the week, the S&P 500 slipped 1.19%, the Dow fell 1.06%, the NASDAQ dropped 1.92%, and the MSCI EAFE lost 2.78%.[ii]

The big news last week was the Federal Reserve’s decision not to raise interest rates. The decision wasn’t a surprise; just before the announcement, traders had assigned just a 1.9% chance of a June rate increase.[iii]

Looking at the official statement, we can see that the Fed is concerned enough about a slowdown in the labor market and persistently low economic growth to hold off on raising rates.[iv] However, the Fed hasn’t lowered its forecasts for economic growth or unemployment, indicating that its concerns may be short-term.[v] Is that decision a reflection of the data or a political move designed to support its vision of a healthy economy? It’s hard to say.

Sports Shoes | Nike Air Max 270 - Deine Größe bis zu 70% günstiger

Continue Reading

Will Britain Leave the EU?

Though stocks reached new 2016 highs last week, they ended the week mixed as investors showed nervousness ahead of Britain’s vote on exiting the European Union.[i] For the week, the S&P 500 slipped 0.15%, the Dow gained 0.33%, the NASDAQ fell 0.97%, and the MSCI EAFE lost 1.79%.[ii]

Though fear took over last week, some strategists believe that the S&P 500 could still test new historic highs in the days ahead, indicating that there’s still some optimism on Wall Street.

What’s going on in Britain?

Nike Sneakers | Best Selling Air Jordan 1 Mid Light Smoke Grey For Sale 554724-092

Continue Reading

More Articles ...

Social icons