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Market Commentary: S&P 500 Approaching All-Time High but US Economic Momentum Slowing

Carson Wealth

That’s well below the 209,000 average we saw back in December, and even below the 2019 pace of 166,000. By itself, that’s still pretty good and higher than anything we saw from 2001-2019, but the question is whether it sticks around here. Refinancings are down 65% from average 2019 levels. What to make of all this?

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Market Commentary: Seasonal Tailwinds Ahead, but First an Election

Carson Wealth

In 2019, monthly job growth averaged 166,000 but we saw four months with 100,000 or fewer jobs created. The 2017-2019 pace was 3.1%.) If economic growth is expected to be strong, there’s presumably less reason for the Fed to cut rates by a lot. Keep in mind that the Fed was easing rates even in 2019, amidst a solid job market.

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Market Commentary: Strong Jobs Report Gets the “Good News Is Bad News” Treatment

Carson Wealth

Thats running at a solid 170,000 per month, versus an average of 166,000 in 2019. million in 2023 but well in the ballpark of what we saw in 2017-2019 (2.1 in 2018-2019. in 2018-2019). increase in 2019, but the current pace is down from 3% a year ago. The economy created over 2 million jobs in 2024, down from 2.4

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Market Commentary: Another October Low Forming?

Carson Wealth

Economic indicators across consumption, income, industry and the labor market don’t point to a recession. Let’s Call It Like It Is: The Economy Is Strong, and There’s No Recession on the Horizon A year ago, a Bloomberg Economics model projected a recession within the next 12 months with 100% probability. in the third quarter.

Marketing 143
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Market Commentary: Good Riddance February, Hello March

Carson Wealth

Given our overall still positive economic backdrop, to see this much worry in the air is actually rather bullish and why we dont expect the recent weakness to spiral out of control. So, imports are just subtracting all the goods and services households and businesses buy from abroad, since it doesnt add to domestic economic activity.

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Market Commentary: S&P 500 Has Another Strong Month, but Watch Out for October Jitters

Carson Wealth

The Bearish Narratives Look Even Worse Now We just got a slew of economic data revisions from the Bureau of Economic Analysis (BEA) and our first response was, Wow! From the end of 2019 through 2024 Q2, real GDP growth was revised up from 9.4% Guess What? Let’s start here: GDP growth over the last 5 years was revised up.

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Market Commentary: The Summer Rally Continues Amid Strong Job Gains

Carson Wealth

In 2019, average monthly job growth was 166,000. That’s only slightly below the high from last summer, and above anything we saw between 2001 and 2019 (when it peaked at 80.4%). The Bureau of Labor Statistics (BLS) actually measures this, via a metric called “part-time employment for economic reasons.”

Marketing 143