Excerpt from MarketWatch quoting DataTrek’s Nick Colas: …. “The best historical market comparison to (Monday’s) selloff is August 2015, when the S&P 500 declined by 6.3% and had several days of 3% moves,” Datatrek analysts...
Lost in the shuffle of last Friday’s jobs report for July: the total US civilian labor force of 163.4 million marked a record high after 370,000 Americans joined the workforce. That sent the overall participation rate up to 63% – its...
As we outlined in the Markets section, the August 2015 selloff presented investors with their best chance of outperforming the S&P 500 in that year. For those who kept their US equity allocation unchanged in 2015, the S&P returned just...
Excerpt from Yahoo Finance quoting DataTrek’s Nick Colas: …. “It may not seem like it now, but China’s falling yuan (CNHUSD=X) could eventually strengthen U.S. stocks, according to one strategist. “First, it will hurt all risk...
Today we have the results of last week’s DataTrek “Yes/No Market Survey”.We had a great turnout for this one (thank you!), so here are a few details before we dig into the responses: 12 questions in total, 10 posed as binary choices and 2 with...
Even with record low US unemployment in recent months, the current economic expansion has failed to deliver wage growth on par with the last cycle. The data: In late 2008/early 2009 (November, December, January) average hourly earnings grew by...
