Bouchey Blog
Given the volatility we have experienced this week, we wanted to provide a summary of events that have impacted global stock markets. With the sharp decline suffered on Thursday, U.S. stock markets are down approximately 4% for the week. In fact, since hitting an all-time high 10 days ago, the Nasdaq Index is off nearly…
A spike in wage growth in February sparked concerns over rising inflation that caused the first market correction in two years, and raised concerns that the next bear market environment for stocks was upon us. In our last article this past December, we addressed how bear markets (i.e. decline of 20% or more) tend to…
Equity markets entered into a correction in the beginning of February for the first time since 2016, as wage growth came in better than expected and was the strongest the economy has seen since 2009. This surprise raised fear over rising inflation, which in turn, resulted in concern over the Federal Reserve raising rates faster…
Recent market volatility has been mostly due to fears over rising inflation. This morning’s CPI report, a widely used measure of inflation, came in slightly ahead of expectations and did not alleviate these fears. For the month of January, CPI rose 0.5% versus an expected rise of 0.3%. Core CPI, which excludes volatile food and…
The first labor market report of 2018 was a continuation of the strength we witnessed for most of 2017. The U.S. economy produced 200,000 jobs for the month of January, coming in above economists’ expectations of 177,000. November figures were revised lower while December was revised slightly higher, for a net downward revision of 24,000…
Written by: Ryan Bouchey As we enter the first week of the New Year I thought it may be beneficial to put together a few simple, yet highly important financial resolutions to set which are easily attainable with a little discipline. Throw away the “work out more” or “eat better” resolutions because they are no…
The U.S. economy produced 148,000 jobs for the month of December, coming below economists’ expectations of 190,000. October figures were revised lower while November was revised higher, for a net downward revision of 9,000 jobs. Still, this helped the economy achieve its seventh consecutive year of producing more than 2 million jobs. The 12-month average…