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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. Compliance Case # 7521978.1._011325_C Thats up from 3.7%

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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%.) Keep in mind that the Fed was easing rates even in 2019, amidst a solid job market. Right now, the three-month average of July-September job growth is 148,000 (ignoring October).

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Market Commentary: Stocks Hit New Highs Amid a Year of Milestones

Carson Wealth

For reference, the 2019 average was 166,000. 6 million level we saw in 2018-2019. million level we saw in 2018-2019. The NASDAQ 100 Index includes publicly-traded companies from most sectors in the global economy, the major exception being financial services. Hires fell to 5.3 million a month, well below the 1.8-2.0

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Market Commentary: Stocks Stall but More Signs Inflation Has Normalized

Carson Wealth

Still, lets focus on where excess inflation is coming from for CPI and compare the November data to December 2019 (when headline and core CPI were up 2.3% in December 2019. Thats adding 0.52%-points to excess headline CPI relative to December 2019, and 0.65%-points to excess core CPI. y/y versus the 2018-2019 average of 3.7%.

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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.

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Market Commentary: Another October Low Forming?

Carson Wealth

after adjusting for inflation, matching the average annual pace between 2010 and 2019. After adjusting for inflation, retail and food service sales were up 5.7%. Compare that to the 2018-2019 pace of 1.7% The last two months have exceeded the monthly average of $6 billion from 2019. Through June 2023, the economy grew 2.4%

Marketing 143
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Market Commentary: Things You Don’t See in a Recession

Carson Wealth

For perspective, job growth averaged 163,000 a month in 2019. The NASDAQ 100 Index includes publicly-traded companies from most sectors in the global economy, the major exception being financial services. The economy needs about 100,000-125,000 net new jobs a month to keep up with population growth. million this year.

Marketing 143