Commentary

Market Commentary: Retail Sales Rise as Supply Chain Issues Ease Ahead of Christmas Season

Market Commentary: Inflation Surges in October; Record 3% of Workforce Voluntarily Quits

Market Commentary: Strong Earnings and Employment Report Bring Good News for the U.S. Economy

Last week, we learned that economic growth slowed in the third quarter as a new wave of COVID-19 surged across the United States, reported The Bureau of Economic Analysis. Gross Domestic Product (GDP), which is the value of all goods and services produced in the United States, increased by 2 percent annualized in the third quarter.

Consumer spending dropped sharply during the period. The change may reflect the limited availability of goods due to supply-chain issues, a reluctance to pay higher prices, or a drop in disposable personal income. Jeff Cox of CNBC reported:…

MESSI is a type of inflation that occurs when “strong, but cooling demand is met by constrained, but accelerating supply, leading to transitory, yet sticky inflation.”1 The coronavirus pandemic may have produced just the right circumstances, according to Gregory Daco of Oxford Economics.

Market Commentary: 4.3 Million Quit Their Jobs in August; Rise in Retail Sales Beats Expectations
The number of open U.S. jobs pulled back to 10.4 million but remained at elevated levels. Meanwhile, retail sales jumped 0.7% last month and are up 13.9% over the last year.

Weekly Market Commentary October 11, 2021- The word “jouncy” may have started life as a combination of bouncy and jolting…

Central banks have a lot of influence on investors, markets and economies. For the last year or so, the Federal Reserve has been purchasing $120 billion of bonds every month to ensure United States markets remained liquid and interest rates remained low during the pandemic. Last Wednesday, the Fed announced that it is ready to begin […]

Market Commentary: Restaurants, bars lead hiring surge as unemployment drops, wages rise
A strong U.S. employment report was the top market event last week. Payrolls surged 943,000, unemployment dropped from 5.9% to 5.4% and wages increased 0.4%. Stocks benefited from this news. Read more in our update.