Weekly Bottom Line
The U.S. economy added a whopping 528k jobs in July, pushing employment above its pre-pandemic level. The unemployment rate also ticked lower, falling back to its pre-pandemic historical low of 3.5%. Sentiment indicators also surprised to the upside, with the manufacturing sector faring better than expected and the services sector…
Case for Recession Weakens
The market pundits remain intensely focused on the question of whether the U.S. economy is in or about to enter recession, so we thought a piece on what a recession might mean for the stock market would be of interest. While Friday’s strong jobs report provides more evidence that the…
July 2022 Update
Doug English, CFP® discusses the markets and what we did in our clients portfolios in July 2022.
