John Hancock: Weekly Market Recap Week Ended July 2nd
Jobs improvement The pace of job growth accelerated in June, rebounding from recent moderation in the U.S. labor market’s recovery from the pandemic. The economy generated 850,000 new jobs last month, exceeding most economists’ expectations for around 700,000. In April and May, job growth totaled 269,000 and 583,000, respectively. June by the numbers […]
LPL: Manufacturing Activity Indices at Historic Levels
As recent economic data shows, the robust post-COVID recovery has brought about a historic rebound in U.S. manufacturing activity. Pent-up demand and low inventories of capital goods have caused companies to fire up their machines at record levels, and manufacturing supply management professionals have responded with relative delight in recent surveys. Both the IHS Markit […]
Janus Henderson Investors: Opportunities And Risks In A Multi-Speed Recovery
Key Takeaways Headlines have not been kind to bonds in 2021. With the worst of the economic calamity hopefully behind us and rock-bottom interest rates in many regions having only one way to go (higher), many believe it’s an easy call to increase exposure to riskier assets. The year’s steady din about the potential for […]