JHML News and Press, John Hancock Multifactor Large Cap From 09/10/21

Spending generally increases with income, but not in the naïve lockstep fashion described in economics textbooks. With less debt, people will feel confident spending more. When unemployment, inflation and interest rates are all low, consumers are pretty happy. For furth...

The market continues to post impressive gains, and a "stay the course" mantra could certainly be the way most investors play Q4. Despite this bullish momentum, there are plenty of reasons to be concerned about equity valuations. In this piece, I will explore the areas that readers sho...

Initial claims for regular state unemployment insurance totaled 310,000 for the week ending September 4, a drop of 35,000 from the previous week’s revised tally of 345,000. The number of ongoing claims for state unemployment programs totaled 2.663 million for the week ending Au...

Unfilled job openings have been spiking from record to record, and in July spiked to a new record. People, for whatever reason, cannot find work they would accept under the conditions offered, or they are still not looking for work, or will never look for work again since they have de...

Once again, the latest release of the Employment Situation by BLS, which indicated that only 235,000 jobs were created in August, has demonstrated how difficult forecasting is. Overall, employment of those 16 years and older dropped about 364,000, with professional and service occupat...

We stay tactically overweight European equities with two key events on the horizon: a European Central Bank meeting and the German election. U.S. jobs growth in August was far below expectations. Yet, we caution that seasonality could be at play and a revision upwards is possible. ...

It may seem too obvious to comment on this. Just the same, it bears repeating that markets peak with earnings and economic activity after the fact. Some significant firms are calling for 15% correction today while others are not. In my experience, forecasting short-term market shifts ...

Today's release of the Job Openings and Labor Turnover Survey (JOLTS) shows the demand for employees continues to grow. The July report shows openings increased 749,000 to a record for the Survey of 10.9 million open positions. Clearly, openings far outpace those looking for a job...

The latest Job Openings and Labor Turnover Survey from the BLS shows the total number of job openings in the economy rose to 10.934 million in July, up from 10.185 million in June, and another new record high. The number of open positions in the private sector increased to 9.881 milli...

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...