SQEW News and Press, LeaderShares Equity Skew From 07/05/24

2024-07-05 21:10:00 ET Summary Despite economic uncertainty, markets rallied in the first half of 2024, driven by expected Fed rate cuts and surging AI stocks. The second half of the year is likely to be largely characterized by potential Fed rate cuts, bond market stabilization, ...

2024-07-05 21:00:00 ET Summary Monthly payrolls growth weakened slightly on the month, and there were downward revisions to previous months. Total non-farm payrolls increased by 206,000 in June, down from 218,000 last month, which itself was downwardly revised from 272,000. Al...

2024-07-05 13:35:00 ET Summary The U-3 unemployment rate increased to 4.1 percent in June 2024. The Sahm Rule, developed by former Fed economist Claudia Sahm, is designed to identify the start of a recession using changes in the total unemployment rate. If the labor force grow...

2024-07-05 12:29:01 ET Summary The June jobs report shows a weakening labor market with a rising unemployment rate and slowing job growth. Initial jobless claims and continuing claims are at or near one-year highs, indicating increased layoffs. Unemployment among college-educa...

2024-07-05 12:15:36 ET Summary June job report weaker than previous months, with downward revisions and low private payrolls. Unemployment rate rises to 4.1%, signaling potential economic changes and increasing odds of recession. Yield curve steepening as unemployment rate inc...

2024-07-05 12:05:00 ET Summary Jobs growth is cooling, particularly in the private sector, and the unemployment rate has now broken above 4%, which is helping to keep wages in check. With inflation also looking better behaved the chances of a September interest rate cut from the F...

2024-07-05 10:12:15 ET Summary June payrolls slightly beat expectations at 206,000, but lower than the previous month, with a significant increase in government positions. The unemployment rate rose to 4.1%, the highest since November 2021. The market response was modest, with...

2024-07-05 04:05:00 ET Summary US payroll numbers have continuously surprised expectations to the upside, yet soft data keeps pointing at a weakening labour market. A consensus reading or lower would help build a Fed cutting narrative for September, helping both US and euro rates ...

2024-07-05 03:45:00 ET Summary The speed and magnitude of the surge in consumer prices resulted in a sizeable decline in real (inflation-adjusted) wage growth. Inflation cooled quickly following the initial surge and by June 2023 was trending a bit above 3 percent. While real ...

2024-07-04 20:05:00 ET Summary The 18-month annualized return for the S&P 500 is 28.55%. That’s a tad stretched. The 60%/40% standard balance portfolio returned 8.78% in the first half of 2024. The big difference between today and 24 years ago is sentiment: stock ma...