By Tom Burnett CFA On December 10, 2021, the Bureau of Labor Statistics released consumer price information for the month of November. The CPI increased by 0.8% in November, following an increase of 0.9% in October. The month with the smallest 2021 CPI increase was August with a rate of 0.3%. The price…
By Tom Burnett CFA The December 2, 2021, issue of FACTSET’s Earnings Insight report reflects continued optimism among analysts projecting corporate earnings. Looking at the S/P 500 Index companies, the consensus estimate for Q4 growth is 20.9%, compared with the fourth quarter of 2020. If achieved…
By Tom Burnett CFA Jobs in November increased by 210,000 in November, bringing the monthly average increase per month to 555,000 in 2021. The unemployment rate declined to 4.2%, down from 4.6% in October. The number of unemployed workers fell from 7.5 million to 6.9 million. These figures compare 3.5%…
By Tom Burnett CFA With only one month remaining in 2021, it is a good time to examine the relative performance of various asset classes thus far in the year. All performance information is derived from the November 30 edition of “The Wall Street Journal.” One result is very clear—2021 has been…
By Tom Burnett CFA On November 9, 2021, the Bureau of Labor Statistics announced the PPI figures for the month of October. The PPI final demand Index rose by 0.6% in October, after an increase of 0.5% in September. The final demand index rose 8.6% in the 12 months ending in October. The main culprit…