February’s reports showed signs of continued economic growth. Hiring accelerated, with a strong 275,000 jobs added during the month. That said, service sector and consumer confidence fell modestly.
March 13, 2024
February’s reports showed signs of continued economic growth. Hiring accelerated, with a strong 275,000 jobs added during the month. That said, service sector and consumer confidence fell modestly.
March 12, 2024
I love spending time outdoors—except when it’s 20 degrees outside. For me, winter in Boston is a time to focus on self-improvement, whether that’s working on fitness goals or taking a class, so I can enjoy the warm weather when it finally arrives. Still, the winter can seem very long, as did 2022 and 2023 for many businesses. Companies saw margins contract, sought to lower their debt loads as rates rose, and made efforts to right-size their businesses for what seemed like an oncoming recession.
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
March 8, 2024
Since the 1980s, we have celebrated and honored female trailblazers, who have shaped our history and advocated for change, during Women’s History Month. Today, March 8, is no exception, as we celebrate International Women’s Day by recognizing women’s global achievements and contributions to history, culture, and society. International Women’s Day also serves as a powerful reminder of the ongoing struggles women face in the modern workplace, including gender equality, pay equity, and the lack of visibility of women in leadership positions.
February was a good month for stocks, with most markets up in the low- to mid-single digits on positive economic and earnings news. The riskiest indices, the Nasdaq and emerging markets, performed especially well as investors stayed risk-on. Fixed income, on the other hand, generally declined as interest rates rose significantly during the month on fading hopes for Fed rate cuts. These results reflected the broader economy in different ways. But, where growth continues, so does inflation.
March 4, 2024
Stocks performed well in February, with most markets up in the low- to mid-single digits. The Nasdaq and emerging markets did especially well, but fixed income declined as interest rates rose. Job, income, and spending growth remained positive, but these results kept inflation up.
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
March 1, 2024
In my last blog, I talked about how strong Januarys historically tend to lead to strong returns throughout the remainder of the year. But I also noted there could be a bit of volatility in February. To my surprise, this turned out to be one of the better Februarys the S&P 500 has ever had, finishing the month up 5.17 percent.
February 26, 2024
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
February 22, 2024
Most people know Yogi Berra as the Hall of Fame catcher and 10-time World Series champion with the New York Yankees. Many also know him as an unintentional philosopher, with famous quotations including “It’s like déjà vu all over again.” One Yogi saying I find myself thinking about frequently is this: “No one goes there anymore. It’s too crowded.” Here, Yogi was referring to a popular restaurant in Fort Lauderdale where the Yankees were having spring training. But it seems applicable to the conversations that we have daily.
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