Visual Capitalist: The Income Needed To Live Comfortably In Every U.S. State
The Income Needed to Live Comfortably in Every U.S. State Individuals in the top 11 most expensive states in the U.S. need an annual income exceeding $100,000 to live comfortably. This map shows how much income single adults need to live comfortably in each U.S. state. SmartAsset calculated the income needed using the cost […]
John Hancock: Weekly Market Recap Week Ended June 21
Midyear deja vu Approaching the midpoint of 2024, the U.S. stock market’s top-performing sectors are the same pair that led the market in 2023. As of Friday, information technology led year to date with a nearly 29% average return followed by communication services with 25%. In full-year 2023, information technology’s average return was about 58% […]
Schwab: Mid-Year Outlook
Diverging economic data and changing expectations for rate cuts have continued to complicate the market outlook As we move into the second half of 2024, economic and market expectations have increasingly diverged. Inflation appears to be moderating, but mixed signals on the strength of the labor market and other economic areas have made it hard […]
Visual Capitalist: The World’s Top Retail Companies, By Domestic Revenue
The World’s Top Retail Companies, by Domestic Revenue The retail sector plays a vital role in powering economies, contributing $5.3 trillion annually to America’s GDP alone. Moreover, the industry is America’s biggest private-sector employer, responsible for one of every four jobs, or 55 million employees. Yet in today’s challenging consumer environment, retailers are facing higher […]
John Hancock: Weekly Market Recap Week Ended June 14
Fed stays the course For its seventh meeting in a row, the U.S. Federal Reserve on Wednesday kept its benchmark interest rate unchanged. While Chair Jerome Powell said a monthly inflation report released earlier in the day was better than expected, the latest Fed projections suggest the possibility of just one interest-rate cut this year, […]
Schwab: Mid-Year Outlook Fixed Income
Looking into the second half of the year, we are optimistic that returns will be stronger, but also expect volatility to remain elevated. Interest rates have risen since the start of the year, contrary to consensus expectations. The major driver […]
Lord Abbett: 2024 Bond Market Outlook Midyear Update
In Brief As we navigate to the back half of 2024, we remain constructive on fixed income as an area to generate attractive risk-adjusted total returns in investors’ portfolios. Our base case for optimism rests on both macro and fundamental factors, but live debates remain across the investing landscape requiring both a healthy dose […]
John Hancock: Weekly Market Recap Week Ended June 7
Labor market resilience May’s jobs growth figure of 272,000 came in well above most economists’ forecasts for around 180,000 and wage growth also exceeded expectations, further complicating the outlook for a potential interest-rate cut this year. Government bond yields rose following Friday morning’s report and stocks were little changed. Yield volatility The yield […]
LPL: Seasonal and Technical Setup for the S&P 500
Seasonal and Technical Setup for the S&P 500 Adam Turnquist | Chief Technical Strategist Last Updated: May 30, 2024 So much for selling in May! The idea of selling stocks in May and buying back into the market when seasonal strength tends to return in November would be a painful trade thus far. With only […]