This will be another short post as I am giving a talk this morning on . . . wait for it . . . inflation! The whole thesis of the talk is that inflation is going to roll over shortly, for a bunch of reasons that I will describe in future posts. Or so I hope, anyway.
News
Midterm Elections No Longer a Worry for Markets
This will be a short post, partially because I am in San Diego at Commonwealth’s National Conference, but mostly because there isn’t much to say about the midterms that I did not already cover the other day.
Looking Back at the Markets in October and Ahead to November 2022
October showed a sharp rebound after a significant September drop. The S&P 500 gained 8.1 percent during the month, while the Nasdaq rose 3.94 percent. The Dow Jones Industrial Average (DJIA) experienced the best month of the three major indices, soaring 14.07 percent. Internationally, the news was mixed, with developed markets up 5.38 percent while emerging markets were down 3.09 percent. It was a surprisingly good result, especially after a terrible September.
Economic Release Snapshot: Hiring Remains Strong in October
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
Two Cheers for the October Jobs Report
As I have been saying for some time, the best indicator for the economy as a whole is the jobs market. With consumer spending representing more than two-thirds of the economy, as long as people are working, they can spend. And the jobs numbers tell us whether they are working.
Will Midterm Madness Affect the Markets?
One of the questions I have been getting recently is about the effect of the midterm elections on markets. This is normal. In fact, given the level of partisan rancor—and the number of ads I’ve been seeing on TV—it is surprising that there isn’t more concern around the elections. But with voting just a couple of days away, let’s consider what the elections could mean for our investments.
Olivia has joined Riverstone Wealth Partners providing knowledge gained from her 15 plus years in management. Olivia has provided services within the financial industry, mortgage industry, and in the non-profit sector. Olivia thrives on providing stellar customer service, accomplishing all goals set before her, and doing the right thing. Olivia’s degree in Business Management allowed her to take on roles that ultimately led her to Riverstone Wealth Partners. Olivia is currently pursuing another degree with an emphasizes in Human Resources, which she has learned over time… is her passion!
Ashley has been working in the customer service field since she started her first job at age 16. For the past ten years she worked in an office setting handling accounts payable and receivable as well as some receptionist work. She is very excited to learn more about the investment field.
Alec joined Riverstone after starting out his post college career on the operations side of an international logistics company working as an account executive. Graduating with a BA in Economics from the University of Illinois at Urbana-Champaign, he quickly developed a strong interest in the financial world. A lifetime resident of the Chicagoland area, Alec is an avid fan of his hometown sports teams. He is also an enthusiast of outdoor activities like fishing, camping, and hiking whenever possible.
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