In this month's episode of the Market Observatory, Sam and I break down the latest market and economic news, including:
August 13, 2025
In this month's episode of the Market Observatory, Sam and I break down the latest market and economic news, including:
August 5, 2025
As July gave way to August, an eventful news week moved markets. Corporate earnings continued to surprise to the upside. They are now showing roughly 10 percent year-over-year growth versus expectations of 4.9 percent at the start of the quarter. The first look at Q2 GDP growth came in at 3 percent, which also exceeded the consensus estimates of 2.5 percent. As an offset to this upbeat news, tariffs continue to be seen in the daily headlines. Further, July’s jobs report came in below consensus, with large downward revisions to previous months.
August 4, 2025
The market rally continued in July, as strong corporate earnings growth and optimism on trade lifted stocks. The S&P 500, Dow Jones, and Nasdaq were all up low single digits for the month. The story was mixed internationally, with developed international stocks down while emerging markets rallied for the third straight month. Turning to the economy, the news was broadly positive. The economy grew at an annualized rate of 3 percent in the second quarter, beating expectations and signaling a healthy economic backdrop.
