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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

Retail and food service sales have increased at an 8.6% Economic indicators across consumption, income, industry and the labor market don’t point to a recession. Fast forward 12 months and not only did we not have a recession, but economic growth has accelerated over the past quarter and is showing strong momentum as we head into 2024.

Marketing 143
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Market Commentary: S&P 500 Makes a New All-Time High, and a Look at Housing

Carson Wealth

But inventory is still low relative to history—it’s down 12% from average 2019 levels. As of 2025 Q1, net worth as a percent of disposable income is 740%, up from 688% at the end of 2019. It was 101% at the end of 2019, and 137% just before the financial crisis in 2007. million as of May 2025, up 20% from a year ago.

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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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10 Monday AM Reads

The Big Picture

Beijing’s relationship with the outside world is no longer guided by the principles of economic rationality, but rather by its yearning for political power. But now she has re-recorded it as the latest part of an ongoing campaign to regain control of her work, after an investment company bought her master tapes in 2019. (