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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% Through June 2023, the economy grew 2.4% after adjusting for inflation, matching the average annual pace between 2010 and 2019. Since then, the economy has accelerated.

Marketing 143
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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. In 2019, average monthly job growth was 166,000. Strong May gains historically suggest more gains to come.

Marketing 143
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Market Commentary: Things You Don’t See in a Recession

Carson Wealth

It is important to remember that stocks lead the economy, both on the way up and the way down. To us, this is the market’s way of saying the economy will continue to see solid growth next year. Stocks tend to lead the economy, and several major indexes are near new highs, which is a good signal for the economy.

Marketing 143
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Market Commentary: Slow Start For Stocks Despite Solid Job Gains

Carson Wealth

A “Goldilocks” December jobs report highlights sustained momentum for the economy as it continues its path to normalization. Goldilocks Job Numbers as Economy Powers Ahead The December payroll report was strong on the surface, with 216,000 jobs created last month and the unemployment rate firm at 3.7%. History says to expect it.

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Market Commentary: Good News Is Good News

Carson Wealth

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. Economy: This Time Was Different, and That’s a Big Deal The U.S. and 2017-2019 pace of 2.8%. economy grew 5.8%

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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. That is the best ‘worst day of the month’ since November 2019 and second best since February 2017! Fortunately, the doers drive the economy; the thinkers only report on it. million, which matches the 2019 average. Doers are optimists.

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Market Commentary: Fed, Earnings, Job Gains Support a Young Bull Market

Carson Wealth

This Bull Market Is Still Young As we’ve been saying for close to 18 months, we think we are in a new bull market and the economy will avoid a recession over the coming year. The April jobs number showed a healthy job market while easing concerns that the economy is overheating. Not much has changed, and we still feel this way.