E-Mail Us 1 855 621-9877
 

Risk Managed Strategy Funds

AS SEEN IN

John Hancock: Weekly Market Recap Week Ended March 3rd

March 8, 2023

 

Yield surge

Concerns about inflation and further interest-rate hikes continued to weigh on prices of government bonds, sending yields higher. The 10-year U.S. Treasury bond’s yield closed above 4.00% on Thursday for the first time in four months, although it slipped below that threshold on Friday. The 2-year note’s yield climbed as high as 4.94% on Thursday—the highest since 2007.

 

Earnings scorecard

Companies in the S&P 500 posted an average earnings decline of 4.9% over the same quarter a year earlier, according to FactSet data from the recently concluded fourth-quarter earnings season. That result marked the first quarterly decline since the third quarter of 2020. For the fourth quarter in a row, energy was the strongest among all 11 sectors, with earnings growth of 57.0% in the latest quarter.

 

Services sector momentum

A gauge that tracks economic activity across the U.S. services sector showed the highest monthly reading since last June, which helped lift the major U.S. stock indexes to gains of 1% to 2% on Friday. Similar services sector expansion was reported on Friday in the eurozone and China.

 

Jobs ahead

A labor market update scheduled for release on Friday is likely to be the most closely watched economic report of the week. The release covering February follows a report that showed that the U.S. economy generated 517,000 new jobs in January—far more than expected and the most since last July. The unemployment rate slipped to 3.4%, the lowest since 1969.

 

Source: https://wmr.jhinvestments.com/

Categories

Recent Posts

Archives

Tags

Active Management and the Bank of Japan (BOJ) Bear and Bull Capital Markets Outlook Chair Jerome Powell Columbia Threadneedle Coronavirus catalyst Coronavirus Peak COVID-19 COVID-19 Impacts Across Markets E-Valuator RMS Funds Q1-2020 Market Overview economic collapse economic data Fed’s GDP financial institutions FOMC GameStop global economic Global Research investors’ expectations J.P. Morgan Leading economic indicator Macquarie Fixed Income market drop Market GPS markets outlook MFI MONETARY POLICY moneymanagement pandemic Q2 2020 recessionary period Retail Sales Road to Recovery Playbook S&P 500 Index Sector leaders Smoking Gun surging unemployment TD Ameritrade Morning Trade the COVID-19 Recession the European Central Bank (ECB) The Federal Reserve (Fed) U.S. Fiscal Stimulus Value stocks weekly gains

RISK: There are risks involved with investing, including loss of principal. Current and future portfolio holdings are subject to risks as well. Diversification may not protect against market risk. There is no assurance the goals of the strategies discussed will be met. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from difference in generally accepted accounting in principles or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Bonds and bond funds will decrease in value as interest rates rise. These and other risks are described more fully in the fund’s prospectus. CREDIT RISK: The issuer of a fixed income security may not be able to make interest and principal payments when due. The lower the credit rating of a security, the greater the risk of default on its obligation.

Investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. This and other information is contained in the Fund’s prospectus and summary prospectus, which may be obtained online or by calling 1-888-507-2798.

Please read the prospectus carefully before investing.