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Market Commentary: Dow Hits 40,000 As Inflation Numbers Improve

Carson Wealth

April inflation data confirmed there is no need to panic about the first-quarter numbers. That’s the slowest pace since August 2021 and not far above the 2018-2019 average of 3.6%. but well above the 2018-2019 average of 3.2%. That’s similar to the pace of 2019. Forward-looking data suggest continued disinflation ahead.

Numbers 97
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Market Commentary: The Summer Rally Continues Amid Strong Job Gains

Carson Wealth

Expectations were low mostly because we had received some disappointing April data recently that suggested the consumer may be weakening, including retail sales, disposable income, and services consumption. We didn’t even see significant revisions to March and April payroll numbers, and the 3-month average now sits at 249,000.

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

Carson Wealth

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%. In fact, the average annual number of jobs gained from 2010-2019 was 2.2 Another 20% gain is possible, however, as it has happened before four times.

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Market Commentary: Another October Low Forming?

Carson Wealth

after adjusting for inflation, matching the average annual pace between 2010 and 2019. After adjusting for inflation, retail and food service sales were up 5.7%. Compare that to the 2018-2019 pace of 1.7% The consumption numbers quoted above came amidst surging student loan payments. Through June 2023, the economy grew 2.4%

Marketing 143
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Market Commentary: Best Calendar Month Over the Last 20 Years Holding True

Carson Wealth

That is the best ‘worst day of the month’ since November 2019 and second best since February 2017! These numbers can and will be revised, and so it helps to look at the 3-month average. That number has been trending down since earlier this year, but it’s at a healthy 177,000 right now, above the 166,000 average pace in 2019.

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Market Commentary: Up and Down Week Leaves the S&P 500 Near Flat

Carson Wealth

The late week rebound was supported by better economic data, including some good jobs-related numbers. Markets Perked Up on Better Job Numbers The August 2 jobs report already had markets primed for a potentially volatile week after job gains came in much weaker than expected and the unemployment rate ticked up to 4.3%.

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

Carson Wealth

Stocks gained for the second week in a row, as strong earnings, a dovish Fed, and a “Goldilocks” job number sparked buying. The April jobs number showed a healthy job market while easing concerns that the economy is overheating. The overall inflation numbers, including for core inflation, can hide what’s happening beneath the surface.