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Market Commentary: The Summer Rally Continues Amid Strong Job Gains

Carson Wealth

May job growth surprised to the upside with the economy adding a robust 272,000 jobs. How the consumer is tapped out, the economy is headed for a recession, only a few stocks are going up, and so on endlessly. What Matters for the Economy: Consumption (and Incomes) Consumption runs on incomes, and the picture there is positive.

Marketing 143
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Market Commentary: Stocks Rise Ahead of Big Fed Decision

Carson Wealth

The bottom line is if the economy was truly about to fall apart like so many economists keep telling us, we’d expect to see more weakness in high-yield bonds right here. Instead they are making more than two-year highs, yet another sign the economy is on firm footing despite what the nightly news tells you.

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Market Commentary: S&P 500 Makes New All-Time High as Fed Goes Big

Carson Wealth

If they are cutting due to a panic (think March 2020) or due to a recession (like in 2001 or 2007) potential trouble could indeed be lurking. Yes, 2001 and 2007 are in there, as you’ve probably heard many times the past week if you’ve watched financial media at all. All this is very positive for the economy. on average.

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Market Commentary: Best Calendar Month Over the Last 20 Years Holding True

Carson Wealth

The economy added 206,000 jobs in June, ahead of expectations of 190,000. Fortunately, the doers drive the economy; the thinkers only report on it. The economy created 206,000 jobs last month, above expectations for a 190,000 increase. These down cycles can adversely impact the productive capacity of the economy in future years.

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Market Commentary: Bull Keeps Going, 15 Years Since Global Financial Crisis

Carson Wealth

The bottom line is the economy is strong because the labor market is strong. The S&P 500 fell an eventual 57% from its October 2007 peak before bottoming on March 9, 2009, and finally ending the global financial crisis (GFC) bear market. The global economy was in shambles, and people were losing their jobs all around.

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Market Commentary: Stocks in the Middle of Some Amazing Streaks While Job Growth Perks Up

Carson Wealth

Strong Job Numbers Are Good News for the Economy and Markets There’s been valid concern that employment conditions are deteriorating, ever so slowly. That’s higher than anything we saw between 2001 and 2019 (when it peaked at 80.4%). At the end of the day, profits come from the economy, and that’s what drives market returns.

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Market Commentary: This Is What Normal Looks Like

Carson Wealth

That is more than the economy needs to keep up with population growth. That’s encouraging for consumption and the economy. The Labor Market Is Also Normalizing At the beginning of the year, we labeled our 2023 outlook “The Edge of Normal” as we expected markets and the economy to normalize in 2023. Wage growth remains strong.