Last week saw a number of important economic updates, with a focus on October’s inflation reports and a first look at consumer confidence in November. Prices continued to rise in October, which negatively affected consumer confidence to start November. This will be another busy week for updates, with October’s retail sales and industrial production reports and a few updates on the housing sector scheduled for release.
News
An Unlucky Break
My apologies . . .
Today I have to punt. I had planned to write about inflation and how to think about the most recent print. What should we be looking at? Where is the inflation coming from? What is likely to happen over the next year or so? It was going to be a great post—really!
Monthly Market Risk Update: November 2021
My colleague Sam Millette, manager, fixed income on Commonwealth’s Investment Management and Research team, has helped me put together this month’s Market Risk Update. Thanks for the assist, Sam!
Economic Risk Factor Update: November 2021
My colleague Sam Millette, manager, fixed income on Commonwealth’s Investment Management and Research team, has helped me put together this month’s Economic Risk Factor Update. Thanks for the assist, Sam!
Looking Back at the Markets in October and Ahead to November 2021
In October, the markets bounced back strongly, following a difficult September. Here in the U.S., all three major indices were up significantly. The Nasdaq and the S&P 500 gained more than 7 percent, and the Dow went up almost 6 percent. Developed markets showed a smaller gain, almost 2.5 percent, and emerging markets eked out a small rise of 1 percent. Although stocks did well, bonds had another bad month, dropping slightly as interest rates rose.
Monday Update: Job Growth Gets Back on Track in October
Last week’s important economic data releases were focused on business confidence, the Fed’s November meeting, and the October employment report. While most of the news was positive, the jobs report was the highlight, as the pace of hiring improved notably during the month of October. This week will be slightly quieter, with October’s inflation reports and a first look at consumer sentiment in November serving as highlights.
Director of Operations
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.
Carol has a wide variety of experiences and has worked mainly with not-for-profit organizations. She spent 20 years in fundraising and 15 years teaching in the Illinois school system while she raised her younger children. Carol lives in Sugar Grove with her husband, Ron, and their Golden Retriever, Charley. She has four children and two grandchildren. When she’s not working, Carol enjoys spending time with friends and family, running, fishing, bible study, and watching her grandchildren play sports.
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Wealth Advisor / Registered Principal
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Wealth Advisor / Registered Principal
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