JHML News and Press, John Hancock Multifactor Large Cap From 09/07/21

The undershoot in nonfarm payroll employment in August is noticeable, with a flattening in high-contact services employment growth. Employment from the household survey rose faster (twice as fast in August), but not enough to change the picture dramatically. Goods production emplo...

We should question the inevitability of future events occurring exactly as people and the numbers foretell, as uncertainty changes as we mature into risk. Whether we like it or not, we become risk assumers or, hopefully, risk managers. My philosophy of life and investing is based on a...

The economic slowdown we’ve been writing about for months officially arrived last Friday in the form of a particularly weak employment report. But the US economy did still add 235,000 jobs in August. The economic recovery is still intact, even if at a reduced rate of change. ...

A capex boom draws closer amid a confluence of bullish factors. Global concerns such as continued supply chain backlogs and soaring shipping costs highlight the need for improved supply chain investment. US infrastructure has aged due to a lack of investment in the last 50 years. ...

Strategas chief economist Don Rissmiller discusses the recent hit to consumer confidence and Covid-19’s longer-term ramifications for the labor market and worker productivity. We had a strong first half, so it’s not surprising to see consumer spending come down a bit fro...

We’re starting the post-Labor Day period with the S&P 500 sitting comfortably with a 20 percent year-to-date gain, with the tech-laden Nasdaq Composite nipping at its heels and making up for the big performance gap with value stocks earlier in the year. Earnings per share f...

Recent data in the inflation and economic surprise indexes indicate that stagflation has arrived. With growth trending lower and inflation higher with an increased debt burden and rates near zero, I believe it is secular. Real asset holders are winners in this environment. F...

Through the end of this year, companies will guide down earnings estimates for a variety of reasons. Such will leave investors once again “overpaying” for earnings growth that fails to materialize. With employment returning well into what is historically considered ...

The prolonged global Bubble period literally inflated China to superpower status, creating rival Bubbles without precedent. Under the guise of “market reform,” Beijing is in the process of wresting ever-tighter control over the markets, the economy and society at large. ...

Markets continue to reach new all-time highs each week and have not seen a notable correction in over 200 trading days. As markets are rallying, many investors are starting to rest on their laurels while investment decisions at all-time highs are actually more important than ever. ...