The US unemployment rate is worth singing about, with the widely followed and reported upon Household Survey Unemployment Rate (also known as U3) coming in at 3.6% in October, up ever so slightly from its 50-year low of 3.5% in September. For those who question how representative the Household Survey Unemployment Rate is of today’s US labor market, we would point you toward the less widely followed and reported upon but much more comprehensive U6 unemployment rate, also known as Total Unemployed, Plus All Marginally Attached Workers Plus Total Employed Part Time For Economic Reasons, As A Percent Of All Civilian Labor Force Plus All Marginally Attached Workers.
Truth be told, we are not certain “uninvert” is even a word. A Google search for uninvert led us to the website Wiktionary and the definition in our headline above, while a search on the Merriam-Webster website informed us uninvert was not to be found in the world’s most famous dictionary.
Dealing with rejection is never easy. Well, unless you’re Lloyd in Dumb & Dumber and you’re so delusional you can’t appreciate you are being rejected, which, when one considers it, might not be such a bad way to go through life.
As a child, I remember seeing my mother’s wooden plaque of The Serenity Prayer that she kept above our kitchen sink. For those not familiar with this popular prayer, it reads...
Nearly 57 years to the day of their first public performance at London’s Marquee Club, the Rolling Stones wrapped up the USA leg of their very successful and critically acclaimed No Filter Tour. Incredibly, time, even after all these years, still seems to be on their side. Fortunately for investors, it’s on our side too.
When it comes to cultural tie-ins associated with the number four one can go in any number of directions, including superhero, think Fantastic 4; popular music, think The Four Tops; and sports, think The Four Horsemen of Notre Dame. Well, as we focus on 4 thoughts for The 4th quarter we go toward entertainment, specifically the boardgame Connect4.
It’s October and just like Michael Myers in the Halloween movie, market volatility has returned to give us all a fright, with the S&P 500 Index (S&P 500) off nearly 4% at one point for the month.
We are increasingly asked how politics might impact the economy and the market, a reasonable question given growing talk of impeachment and the coming 2020 election.
Last week, oil prices spiked after an attack on Saudi Arabia’s oil infrastructure took half that country’s daily output of oil and gas – about 5.7 million barrels – offline.
What if I told you that there’s a formula that is exceedingly easy to remember and could positively impact almost every decision you make? What if I told you that there is a formula for happiness?
When it comes to the global equity market race, well, it hasn’t been much of a race. With US equities – as measured by the S&P 500 Index (S&P 500) – up 254% over the past 10 years and 18% in 2019 vs. developed international equities – as measured by the MSCI EAFE Index – up 74% and 10% and emerging international equities – as measured by the MSCI EM Index – up 90% and 7%, respectively, through the end of August.
Context is key to analyzing and understanding the economy and markets and making informed decisions that lead to successful investment outcomes. Nowhere is context more important than near-term stock market moves, particularly when it comes to the Dow Jones Industrial Average (the Dow).