Job Openings Climb In Industries Satisfying Pent-up Demand
May's Job Opening and Labor Turnover Survey released this morning showed job openings of 9.2 million were little changed from April's report. Although the…
Yesterday The Conference Board reported their Consumer Confidence Index for June rose 7.3 points to 127.3. The June measure is approaching the Index's pre…
Investors Remain Cautious Based On Sentiment And Fund Flows
On a price only basis the S&P 500 Index is up over 91% since the March 23, 2020 low. Nearly halfway through 2021 and the S&P 500 Index is up a strong 14%. One…
Stock Buybacks In Vogue And Those Companies' Stocks Are Outperforming
As the economy has recovered from the pandemic induced recession, S&P 500 companies' as reported earnings hit a record $389.01 billion for the first quarter…
Does Fed's Hawkish Posture Create A 'Buy The Dip' Moment?
The Fed's hawkish comments coming out of the FOMC meeting last week unsettled markets. The comments moved up the potential for the start of interest rate…
Many states have reopened their economies and consumers have responded by increasing spending in an effort to satisfy pent-up demand. The sharp recovery in…
More states and countries are experiencing much reduced Covid-19 cases and are reopening their economies. The below chart shows the number of new Covid cases…
This week the April Job Openings and Labor Turnover Survey (JOLTS) was released by the Bureau of Labor Statistics. Interestingly, the survey shows a record…
In both the Job Openings and Labor Turnover Survey and the NFIB Small Business Optimism reports released this morning, it is clear that companies are having a…
For nearly three trading weeks the S&P 500 Index has traded mostly sideways, somewhat expected after the fast start to 2021, i.e., the S&P 500 Index up over 11…