What are the long-term trends for multiple jobholders in the US? The Bureau of Labor Statistics has three decades of historical data to enlighten us on that topic, courtesy of table A-16 in the monthly Current Population Survey of households.
Warren Buffett’s sudden sale of a huge pile of Apple Inc. shares has come with a surprise silver lining for investors in the iPhone maker: Its influence in major stock indexes is set to be fully unleashed.
When markets gyrated at the turn of the month, US and Japanese stocks had the cushion of an earlier surge to fall back on. In Europe, the rout hit share prices that had been weakening since May. An earnings season dominated by pessimism from many of the region’s bosses has vindicated investors’ caution.
A large majority of economists surveyed see only a quarter-point decrease in interest rates coming in September — a finding that’s at odds with calls from some large Wall Street banks for a jumbo cut at the next meeting.
Back in June, a mystery investor made a record wager on long-dated Treasuries, creating waves in the ETF market where trading pros seek clues about sentiment on Wall Street. Now the firm behind that bet has revealed itself, and says its recession call is finally coming to fruition.
The end of the Federal Reserve’s balance-sheet unwind is in sight, though its actual conclusion depends on the pace of interest-rate cuts and stresses in funding markets.
What the Fed's monetary-policy tools signal about the market.
In this PIMCO Perspectives, we explore the dispersion playing out across monetary policy and financial markets.
As the number of Americans retiring in other countries continues to grow, our Bill Cass shares five considerations for individuals planning to retire abroad.
With investors reacting to the worst global stock market sell-off since the early days of the COVID pandemic in 2020, Portfolio Manager Oliver Blackbourn and Global Head of Multi-Asset Adam Hetts consider the all-important question – what next?
The growth of bureaucracy around the world has led to a proliferation of rules. This creates multitudes of problems, one of which is that the state has made understanding what it is doing impenetrable, boring, nuanced, and technical.
Four interlinked principles form a compelling investment philosophy for uncovering promising growth companies.
After absorbing the US Federal Reserve's repeated assurances that a “fundamentally healthy” economy gave it ample time to decide on when to cut interest rates, the market was caught by surprise when new data suggested otherwise. Such is the danger of signaling a consensus where none exists.
The early August sell-off could represent just the market taking a breather after seven months of fantastic returns and could be right back on track, albeit with additional volatility.
A stealth bear market could be defined as a bear market where several stocks have fallen more than 20% within the market, but yet the overall market itself hasn’t fallen. That’s why we call it a stealth bear market.
Over the past 20 years, the corporate bond market has experienced an evolution driven by cycles, regulatory shifts, and changing demand.
High interest rates – the condition investors have had to contend with for over two years now – can be a drag on dividend stocks and ETFs.
Join the experts from GraniteShares for an educational webcast and learn all about how investors can find unique income strategies in today’s environment.
On the surface, Nvidia Corp.’s $900 billion selloff since its June record would suggest the artificial intelligence spending boom that propelled it there is cooling. But the undercurrents tell a far less dire story.
It only takes a quick glance at the US bond curve to realize something is off. One Treasury security — the 20-year — is detached from the rest of the market. It hovers at yields that are far higher than those on the bonds surrounding it — the 10-year and the 30-year.
It has been a tough earnings season for the technology industry, and markets more broadly.
The stock selloff of the past month is forcing investors to think about whether the market remains too high, and if so, how far it might fall.
Has the US Federal Reserve gone too far in its fight against inflation, tipping the world’s largest economy into a damaging recession?
Hastily, investors have turned their worry about inflation into worry about a recession. The catalyst was Friday’s unexpectedly disappointing unemployment number.
Recent developments in the labor market triggered the Sahm Rule, an economic indicator known for predicting the onset of recessions. Developed by economist Claudia Sahm, it signals a recession when the 3-month average of the unemployment rate rises by at least 0.5 percentage points above its low from the previous 12 months.
Portfolio Managers Shuntaro Takeuchi, Michael Oh, CFA, and Andrew Mattock, CFA, assess the reasons for the heightened volatility and sharp moves in global markets.
The US Federal Reserve appears to have finally brought about the recession that it engineers whenever unemployment is low and the president is a Democrat. If it costs the party the White House in November, may its leaders use their time out of power to reflect on the unwisdom of their decades-old bargain with Wall Street.
Copper prices have pulled back since peaking in May at $5.12, but the long-term bull case for copper remains strong.
Until recently, the prevailing market narrative since October was that the Fed was in a "pivot" to eventual rate cuts.
As the late George HW Bush once said, “What is it about August?”
For bond investors looking to the near- and longer-term, Matt Eagan stepped through considerations and opportunities in the global market.
Friday’s jobs report has put a damper on economic sentiment for the moment. But much hype has been made about the so-called “Great Rotation.”
VettaFi Voices weigh in on key industry trends in 2024.
Join the experts at Amplify ETFs and learn how GLP-1's could revolutionize the weight loss drug market as well as a strategy that can give your portfolio exposure to a theme that could see significant growth in the coming years.
The ability of AI to demonstrate empathy holds great promise for enhancing user interactions and support services. However, its current limitations highlight the irreplaceable value of human empathy.
Savvy advisors that blend classic prospecting methods with modern tech are not only reviving successful strategies from the past but are also setting the stage for sustainable future growth.
To remain competitive and become a national brand, RIAs will almost certainly need the support of a capital partner. However, it’s important to critically evaluate those partners and ensure they are best equipped to offer support for a given RIA’s specific set of needs.
When I run sessions on dealing with difficult people one of the things I consistently point out is the gift that difficult people give us: they are known and their behavior is repeatable and can be anticipated.
Investor complacency is often blamed when rising stock markets ignore potentially unsettling data for weeks and then viciously sell off. But this very human-sounding characteristic mostly isn’t in the minds of traders: It’s baked into the structure of modern investment strategies.
Corporate borrowers are selling investment-grade bonds at the fastest clip since 2020 as companies take advantage of lower yields to issue debt before the November election.
Family Feud, a popular game show when I was growing up, would ask contestants to guess how a group of people had answered a specific question. It served as a regular and early reminder for me of the importance of supplementing one’s thinking with external perspectives.
Andy Rothman provides four reasons why he’s stubbornly convinced that Xi Jinping will eventually overcome his stubbornness and make the changes necessary to put China back on track to reach its potential growth rate.
Pullbacks are normal, but every time is scary. And every time we need to pay attention. But in the end, although there are real risks out there, right now everything is still fairly normal, in our view. We will be keeping an eye on things, but the best course of action remains simply this: keep calm and carry on.
One of the very popular technology companies in recent years has been CrowdStrike, Inc. It provides cybersecurity to numerous major technology companies including the top Artificial Intelligence (AI) players.
Turmoil in the markets has renewed fears that the US did not escape history after all, that a hard landing — a recession — is coming. Whether this is all a blip from a rising yen or a justified reaction to an actual weakening of the US economy is still unknowable.
Economist Claudia Sahm developed the “Sahm Rule,” which states that the economy is in recession when the unemployment rate’s three-month average is a half percentage point above its 12-month low.
Fiscal conservatism has more or less vanished from America’s political landscape. Government borrowing, despite the strong economy, continues to push public debt to record levels – and the presidential contenders and their parties say scarcely a word about it.
For months investors have faced a dilemma — pay through the nose for technology giants trading at eye-watering multiples, or wait for a cheaper entry point and risk missing out on the year’s biggest bull run.
North American trade is booming, but gains have been uneven.
A negative market reaction was triggered by a sharp selloff in Japanese stocks into the close earlier [Monday], with the Topix and Nikkei indices suffering 12% declines – their worst day since 1987. The selloff cascaded through global markets with the EuroStoxx 600 trading down over 3% on Monday and S&P 500 down about 3%.
