JHML News and Press, John Hancock Multifactor Large Cap From 09/08/21

GDP forecasts are now starting to get downgraded. Slower GDP growth will ultimately have a negative impact on earnings estimates. This will weigh heavily on the equity market. For further details see: Slowing Growth Rates Will Have A Profoundly Negative Effect On The Mar...

To date, 2021 has been as almost good as it gets for equity investors. Any slowdown in growth has yet to feed into consensus earnings forecasts which have continued to increase over the summer. Investors have few high-yielding alternatives for as long as real and nominal bond yiel...

The growth of trade between the U.S. and China flashed warning signs in July 2021. While U.S. exports to China showed year-over-year growth, the growth rate in the value of goods imported to the U.S. from China turned slightly negative for the first time since August 2020, suggesting ...

Fears of the Covid-19 delta variant seem to have negatively affected the August payroll numbers and put the Fed’s taper hopes on hold as the US economy is showing signs of slowing. We have to get past October, which is usually full of surprises. The bulls are getting more b...

When the Fed first tapered from late 2014 – 2016, the stock market went absolutely nowhere for two years. The market has risen higher on greater easing than ever before, so it has further to fall. Without continued Fed largesse, interest rates will certainly rise, as the go...

We’ve seen economic data in recent months moderate after record growth in the first half of 2021. In financials, the rise of many fintech companies and the growth of digital payments has really disrupted the traditional banking industry, creating new options for consumers. ...

The missing, but long-overdue correction in stocks is probably a factor of the relentless pumping of electronic dollars into the financial system at a rate of $120 billion per month, causing the Fed balance sheet to rise to $8.349 trillion at last count. Suppressing bond market volati...

Despite the lowball jobs total on Friday, plenty of good news is buried in the small print, like massive revisions to the previous two months. In addition, Hurricane Ida may have suppressed reporting of August payroll data. There are some more clues in the ADP reported last Wednesday,...

Continued strength in mega-cap tech stocks helped the Nasdaq Composite lead the US market in August. Outside the US, developed markets outperformed emerging markets for most of August, but the latter pulled ahead with an end-of-month surge. August was a weak month overall for fixe...

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...