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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: 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. (

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Market Commentary: S&P 500 Has Another Strong Month, but Watch Out for October Jitters

Carson Wealth

The Bearish Narratives Look Even Worse Now We just got a slew of economic data revisions from the Bureau of Economic Analysis (BEA) and our first response was, Wow! From the end of 2019 through 2024 Q2, real GDP growth was revised up from 9.4% Guess What? Let’s start here: GDP growth over the last 5 years was revised up.

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Market Commentary: The Summer Rally Continues Amid Strong Job Gains

Carson Wealth

In 2019, average monthly job growth was 166,000. That’s only slightly below the high from last summer, and above anything we saw between 2001 and 2019 (when it peaked at 80.4%). The Bureau of Labor Statistics (BLS) actually measures this, via a metric called “part-time employment for economic reasons.”

Marketing 143