Investments
Don’t Count This Economy Out
The big headline for the November payroll report was that 263,000 jobs were created last month, well above expectations for a gain of 200,000. Job growth has slowed since the beginning of the year, but make no mistake, this is still a very strong pace of job growth. As Fed Chair Jerome Powell noted in …
Sonu Varghese
December 2, 2022
Five Good Signs for The Bulls In 2023
Can you believe it? We made it to December! As we noted yesterday, we wouldn’t be surprised if we finished this year with some more green, but today we’ll look into the future and what could be in store in 2023. First things first, let’s start with something simple. Stocks will likely be lower this …
Ryan Detrick
December 1, 2022
Will Santa Bring Jolly or Coal to Investors This December? 🎅🎄🪨
Can you believe it? We’ve made it to the last month of the year! I don’t know about you all, but I’ll be pretty happy to wish 2022 goodbye as soon as possible. But the good news is that we continue to think the mid-October lows were the lows from the bear market, and continued …
Ryan Detrick
November 30, 2022
A Popular Recession Indicator is Flashing Bright Red. Should We Worry?
A political strategist once said that if there were reincarnation, he would want to come back as the bond market. “You can intimidate everybody,” as he put it. With good reason, investors watch bond markets carefully for all sorts of signals about the economy, monetary policy, and inflation. And right now, a key signal from …
Sonu Varghese
November 29, 2022
Carson Research on CNBC
I was honored to chat markets and the economy with Mike Santoli on CNBC’s new Overtime show the day before Thanksgiving. It was a fun hit, and it was great to get four solo minutes on air. It always amazes me how quickly four minutes go by when you are in the hot seat, but …
Ryan Detrick
November 25, 2022
Why Consumer Spending is Strong, and Could Remain That Way
Last week I wrote about how economic growth is set to accelerate in the fourth quarter on the back of solid consumer spending. But the big question is whether consumer spending will remain strong in 2023. This is important because consumption, or lack thereof, will determine whether or not the US will experience a recession …
Sonu Varghese
November 23, 2022
The “Most Obvious” Bear Market Rally Ever?
“The stock market is never obvious. It is designed to fool most of the people, most of the time.” Jesse Livermore I’ve noticed a trend the past few weeks and that is since the mid-October lows most commentators say we are obviously experiencing a bear market rally in stocks. But is it really so obvious? …
Ryan Detrick
November 22, 2022
Markets and Policy Post-Midterm
How do the midterm election results impact financial planning and the markets? From tax policy to market response, we cover it all during our webinar, “Markets and Policy Post-Midterm,” hosted by Carson’s Ryan Detrick, Chief Market Strategist, and Jamie Hopkins, Managing Partner of Wealth Solutions. They cover: • How the election results may impact the …
Carson Group
November 21, 2022
Do Stocks Really Like Gridlock?
The midterm elections are over, and the results aren’t 100% official yet, but we do know that we’ll have a divided government. As of now, the Democrats have 50 seats in the Senate to maintain control there, while the Republicans gained their 218th seat in the House to take control there. The bottom line though …
Ryan Detrick
November 18, 2022
Economic Growth Looks Set to Accelerate in Q4, On The Back Of The Consumer
We just got some positive data regarding the consumer, in the form of a really strong retail and food service sales report. Retail sales rose 1.3% in October, beating expectations for a 1% gain. On top of that, sales for prior months were also revised higher. Now, one big reason was stronger gasoline sales, which …
Sonu Varghese
November 17, 2022
What Could Go Right?
It’s been a tough year, both for stocks and bonds. Perhaps the bonds piece of it has been tougher, mostly because you typically expect bonds to zag when stocks zag. Instead, they’ve gone down together. And as stocks and bonds have gone down, negativity has increased. Don’t get me wrong – there’s enough to be …
Sonu Varghese
November 16, 2022
How Bottoms Form. (It Might Surprise You.)
The S&P 500 rallied again last week and was more than 10% off the October 12 closing lows, before selling off some yesterday. Nonetheless, the truth is the overall news really hasn’t really been that great, yet stocks have staged a strong rally over the past month. What gives? Turns out, this is what tends …
Ryan Detrick
November 15, 2022