In response to a standing request, here is an updated comparison of four major secular bear markets. The numbers are through the December 30, 2022 close.
Here's the top 10 most popular AP Charts of 2022.
Advisor Perspectives, a leading publisher and ranked as the #1 eNewsletter for financial advisors by Erdos & Morgan “FAMOUS” Study (2019-2022) has announced its Venerated Voices™ awards for commentaries published in Q3 2022.
Today's release of the publicly available data from ECRI puts the WLI at 145.6, up from the previous week's figure. The WLIg is at -10.3, up from last week and the WLI YoY is at -4.92%, down slightly from last week.
Advisor Perspectives has announced its Venerated Voices™ awards for commentaries published in Q1 2022.
This morning we have the ADP April estimate of 247K nonfarm private employment jobs gained, a decrease over the ADP revised March figure of 479K.
We have announced our Venerated Voices awards, representing the most-read market commentaries, authors and firms.
The Department of Energy's Energy Information Administration (EIA) monthly data on volume sales is several weeks old when it released. The latest numbers, through mid-November, are now available.
We conclude the year by reflecting on the 10 most-read AP Charts & Analysis articles over the past 12 months. These are updated frequently depending on the release of data, but in 2021, these were the most popular topics.
The team at HSH.com, features a periodic update entitled "The Salary You Must Earn to Buy a Home in the 50 Largest Metro Areas". The key question is: "How much salary do you need to earn in order to afford the principal and interest payments on a median-priced home in your metro area?"
The median household is the statistical center of the Middle Class. In terms of income, this class has not gained much in recent decades. Let's take a closer look at a troubling aspect of the Census Bureau's latest annual household income data, issued in September. In this update, we'll focus on the growing gap between the median (middle) and mean (average) household incomes across the complete time frame of the Census Bureau's annual reporting, which began in 1967, to the release of the annual data for 2020.
The median US income in 2020 was $67,521, up from $22,415 in 1984 — a 201% rise over the 36-year time frame. However, if we adjust for inflation chained in 2020 dollars, the 1984 median is $51,742, and the increase drops to 27%.
What is the value of education for household income? The Census Bureau's annual survey data for 2019 published in September gives us some interesting insights into this question. The median income for all households with a householder age 25 and older was $67,521.
We have updated our commentary on household income distribution to include the Census Bureau's release of the 2020 annual data. Our focus was on arithmetic mean (average) household incomes by quintile (and the top 5%) over the 50+ year history of this data series. The analysis offered some fascinating insights into U.S. household incomes. But the classification misses the implications of age for income. Households are by no means locked into the same quintile over time.
This month, the Census Bureau released its annual report on household income data for 2020. Last year the median (middle) average household income fell to $67,521. Let's take a closer look at the quintile averages, which dates from 1967, along with the statistics for the top 5%.
Next week we are taking a hiatus from regularly scheduled updates and will be publishing a series of articles based on the Census Bureau's 2020 Income and Poverty Report. Stay Tuned!
We have announced our Venerated Voices™ awards for commentaries published in Q3 2021.
In yesterday morning's ADP employment report we got the September estimate of 568K nonfarm private employment jobs gained, an increase over August's revised 340K. The popular spin on this indicator is as a preview to the monthly jobs report from the Bureau of Labor Statistics.
We have announced our Venerated Voices™ awards for commentaries published in Q2 2021.
Let's take a look at major sectors in the ETF world since February 21, 2020. All but two sectors, hotels and airlines, have recovered since then. Retail has bounced back the fastest, while hotels and airlines are still lagging. Individuals are returning to travel rapidly as more vaccines are administered.
Advisor Perspectives has announced its Venerated Voices™ awards for commentaries published in Q1 2021.
Clients face three big risks in retirement from the sequence of returns, volatility and asset shortfalls. Michael Hirthler, the founder and chief investment officer at Pennsylvania-based Jacobi Capital Management, explained to me how he uses the Big Picture app to explain those risks to his clients.
Advisor Perspectives, the most-read eNewsletter for financial advisors as ranked by the Erdos & Morgan “FAMOUS” Study in 2019 and 2020, has announced its Venerated Voices™ awards for commentaries published in 2020.
Steve Erb needs to show his clients how their asset allocation decisions will affect their retirement outcomes. He uses an inexpensive software app to quickly demonstrate how different portfolios will perform based on historical data.
Advisor Perspectives, a leading publisher serving financial advisors and the financial advisory community, has announced its Venerated Voices™ awards for commentaries published in Q3 2020.
This morning we learned that 1.8 million jobs were added in July and yesterday the Department of Labor’s weekly unemployment claims reported that another 1.2 million individuals filed for unemployment last week.
This morning we learned that 2.5 million jobs were added in May, and that the unemployment rate fell from 14.7% to 13.3%. That was a surprise to virtually all economic forecasters. That has led some to conclude that this recession, which has not been officially declared, may turn out to be the shortest on record.
The S&P 500 ETFs tracked include State Street Global Advisors’ SPDR (SPY), iShares Core S&P 500 ETF (IVV), and Vanguard’s S&P 500 ETF (VOO).
May 15th we learned that both Industrial Production and Retail Sales took a dive for April.
This morning we learned that there was a loss of 20.5 million jobs in April and the unemployment rate is now at 14.7%.
Advisor Perspectives has announced its Venerated Voices™ awards for commentaries published in Q1 2020.
Yesterday’s release of Q1 GDP showed a contraction of 4.8% and was slightly worse than expected. It was the first contraction since 2014 and the largest contraction since the financial crisis.
Today’s release of employment data confirmed what we were all expecting – a precipitous collapse in the number of Americans who are gainfully employed.
As a result of the COVID-19 virus and its effects on the market, here's a short analysis of major ETF market sectors and the S&P 500 since February 21.
We are having some software issues and as a result, all economic news is delayed slightly. We will back-publish all missed updates once this is resolved. Thank you!
Advisor Perspectives has announced its Venerated Voices™ awards for commentaries published in 2019.
Advisor Perspectives has announced its Venerated Voices™ awards for commentaries published in Q3 2019.
The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, Treasury Bond Composite, Stock Market Composite, Labor Market Composite, Credit Market Composite.
Advisor Perspectives, a leading publisher serving financial advisors and the financial advisory community, has announced its Venerated Voices™ awards for commentaries published in Q1 2019.
We reveal the most-read commentaries of 2018, including the top authors and firms.
Due to the ongoing government shutdown, data held by the Census Bureau and the Bureau of Economic Analysis will not be published.
Advisor Perspectives has announced its Venerated Voices awards for commentaries published in Q3 2018. Rankings were issued in four categories: The top 25 firm and author, the top 10 by commentary, and a new category, the top 25 by firm and author where we included only those firms who contributed at least three commentaries in Q3.
Millennials make up the largest percentage of our population today, yet have seen some of the lowest labor force participation growth and highest unemployment out of all age groups since the turn of the century. This has larger implications when coupled with slow wage growth, high home prices, and mounting student debt.
In July of 2015, CNN Money featured an article with the optimistic and intriguing title "More American teens are getting jobs. That's good for everyone." After reading the article, we revised one of our monthly charts on Labor Force Participation to include the age 16-19 cohort -- one we elsewhere combine with the 20-24 year-olds. We've updated this article to include the latest employment data.
Advisor Perspectives has announced its Venerated Voices™ awards for commentaries published in Q2 2018.
The big economic number tomorrow will be the Q2 Third Estimate for GDP. The last two quarters are behind us with their real annualized rates of 2.9% in Q4 2017 and 2.3% in Q1. What do economists see in their collective crystal ball for Q2 Third Estimate? Let's take a look at the latest GDP forecasts from the latest Wall Street Journal survey of economists conducted earlier this month.
Advisor Perspectives, a leading publisher serving financial advisors and the financial advisory community, has announced its Venerated Voices™ awards for commentaries published in Q1 2018. Rankings were issued in three categories: The Top 25 Venerated Voices™ by Firm, The Top 25 Venerated Voices™ by Author and The Top 10 Venerated Voices™ by Commentary.
This is the second in a multi-part series where we examine pundits' opinions and predictions on the latest topics.
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Here are our Venerated Voices™ awards for commentaries published in 2017. Rankings were issued in three categories: The Top 25 Venerated Voices™ by Firm, The Top 25 Venerated Voices™ by Author and The Top 10 Venerated Voices™ by Commentary.