Finance  /  June 4, 2021

By Tom Burnett CFA On June 4, 2021, the Bureau of Labor Statistics issued its Employment Report for May 2021. The Report indicates that the economy is recovering strongly and providing evident job creation opportunities. In the three months ending in May, the economy added a total of 1.65 million new…

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Finance  /  June 1, 2021

By Tom Burnett CFA On May 31, 2021, the Organization of Economic Cooperation and Development (“OECD”) issued its updated forecasts for global GDP growth in 2021 and 2022. The update builds on the December 2020 projections. In most cases, the growth estimates have been raised, but the current picture…

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Finance  /  May 26, 2021

By Tom Burnett CFA As the U.S. stock markets grind upwards slowly after the recovery from the March 2020 lows, investors have become more sensitive to inflation and interest rates. Rising rates could halt the rise in the equity markets as investors devote more resources to alternative investments that…

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Finance  /  May 24, 2021

By Tom Burnett CFA After two years of very positive returns, fixed income investors are now feeling the pain of a rising interest rate environment. Looking at the long-term Treasury market, the performance was excellent in each of the last two years. The long bond index rose 14.9% in 2019 and 17.9% in…

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Finance  /  May 20, 2021

By Tom Burnett CFA With most of the S/P 500 Index companies reporting first quarter earnings, the growth and recovery trends remain in place. According to the May 14, 2021, FACTSET report, the first quarter Index earnings will be 50.3% above the Covid-ravaged first quarter of 2020. This performance is…

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