Chart of the Week: ISM Services Employment Collapse
This is a chart that people will be talking about for a long time now. This shows the ISM Services Employment Index. Services have been extremely strong for the last few years and it's been [...]
This is a chart that people will be talking about for a long time now. This shows the ISM Services Employment Index. Services have been extremely strong for the last few years and it's been [...]
Investing is a never ending learning experience. I think that's one of the things that makes the financial markets so fascinating. Just when you feel like you know everything the markets and the economy will [...]
Financial discipline is largely about organization and that begins with a proper set of goals to achieve over time. The end of the year is an ideal time to start planning for the year ahead [...]
It’s been a doozy of a few months for the bond markets as 10 year interest rates surged from 4% during the Summer to over 5% in October and then round tripped all the way [...]
Here are some things I think I am thinking about. 1) Another Good Labor Report. Friday’s employment report showed another solid gain in employment. The underlying data remained a bit mixed, but on the whole [...]
One of the big stories of the year has been the lack of breadth in the performance of the US stock market. The so-called "magnificent 7" of Microsoft, Amazon, Apple, Google, Meta, Tesla and Nvidia [...]
Here are some things I think I am thinking about. 1) Is Inflation Dead? One of the main themes here this year was that the rate of inflation would gradually decline all year. And while [...]
Tuesday's CPI report was a huge relief for the Federal Reserve and their fight against inflation. Headline CPI came in at 3.2% and core inflation came in at 4%. Expectations were for modestly higher inflation. [...]
Here's our latest strategic update given recent changes for Q4 and beyond. To learn more about our investment management service please contact us here. Macroeconomic Overview Our macroeconomic forecast for 2023 called for a year [...]
Here are some things I think I am thinking about: 1) The Goldilocks Labor Report. Friday's employment report came in weaker than expected, which is, weirdly, very good news for the economy and the Fed. [...]