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Market Commentary: Another October Low Forming?

Carson Wealth

The economy has strong momentum, with growth accelerating since the first half of the year. 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. Through June 2023, the economy grew 2.4% in the third quarter.

Marketing 143
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Sunday links: chasing contentment

Abnormal Returns

wsj.com) Charles Schwab ($SCHW) is unique in financial services. nytimes.com) Policy Why are Americans so pessimistic about their (economic) future? morningstar.com) More states are cracking down on food stamps. theatlantic.com) Economy Are tightening lending standards going to tip the U.S. washingtonpost.com) U.S.

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Market Commentary: Stocks and the Economy Show Continued Strength

Carson Wealth

After a large reversal Thursday, stocks bounced back Friday, bolstered by the continued impressive performance of the economy (further details below). Economic growth accelerated over the past year, defying tight policy and expectations. Moderate” is Fedspeak for a strong economy. The economy grew 2.4% 5.50% range.

Economy 52
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Market Commentary: Good News Is Good News

Carson Wealth

In 2022, positive economic data typically led to a sell-off in the stock market, and weak data often led to a rally. Strong economic growth and better data should be viewed positively, as it shows the economy isn’t falling into a recession. The economy ran above trend last year, despite high interest rates.

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Market Commentary: Reasons To Be Thankful

Carson Wealth

The economy remains strong, the consumer is healthy, the wall of worry is intact, and manufacturing is bottoming. The Consumer Is Strong We’ve been hearing for two years that the consumer was tapped out and the economy was headed for a recession. Stocks rallied again last week and are now up four weeks in a row. onshoring).

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Market Commentary: Hanging Tough

Carson Wealth

In the face of banking and economic concerns, stocks are holding the line. Stocks tend to lead the economy, so just because the economic headlines are poor now doesn’t mean they will be in the future. Stocks continued to hang tough last week in the face of economic and banking worries. in April 2023. over the past year.

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Market Commentary: What a Month!

Carson Wealth

The economy overall remained firm and the consumer quite healthy all along, but the realization that inflation was no longer a headwind prompted stocks to rise. Core PCE, which excludes food and energy, has run at a 2.4% Lower rates can also spur business investment and cyclical parts of the economy, such as manufacturing.