VTI News and Press, Vanguard Total Stock Market From 08/04/23

2023-08-04 09:50:06 ET Summary The July employment report revealed a rise of 187,000 jobs, slightly below forecasts. The unemployment rate dipped to 3.5%. Wage gains were solid, posing potential problems for the goldilocks narrative on Wall Street, but a lower hours-worked figure ...

2023-08-03 13:49:54 ET Summary Fitch Ratings has downgraded the credit rating of the United States from AAA to AA+ due to a deterioration in governance and mounting debt. Some experts believe the downgrade is irrelevant and that the probability of a U.S. default hasn't changed. ...

2023-08-02 13:31:28 ET Summary Economic growth has come in much better than expected in the first half of 2023, and the Federal Reserve no longer believes a recession is on the horizon. However, in my view, it is much too early to believe in a "soft landing" scenario, as major ind...

2023-08-02 12:05:54 ET Summary Long leading indicators provide insights into the likely state of the economy one year or more from now. Two indicators - interest rates and housing market indicators - are at horrible levels, but have bounced off even worse levels from last autumn, ...

2023-08-01 13:30:00 ET Summary A recent Fed paper argues that real longer-run stock returns in the US stock market may be no higher than 2 percent. Further, a very small subset of growth stocks that have supercharged the market this year may be stretched, from a valuation perspect...

2023-08-01 13:00:00 ET Summary Most of the major asset classes continued to rally in July, led by a surge in commodities, based on a set of ETFs. Despite the recent weakness in US fixed income, all the major asset classes are now posting gains year to date. The Global Market I...

2023-08-01 09:13:52 ET Summary Fed Chair Powell revealed a possible path to the soft-landing scenario at the July FOMC press conference. However, the soft-landing scenario contradicts the Phillips curve theory, and the Fed still projects an increase in unemployment despite a worke...

2023-08-01 01:00:00 ET Summary Higher energy prices have been a key driver of recent strength in broad commodity indexes. The renewed strength in commodities translates into across-the-board gains for the major asset classes. This year’s broad-based rally in markets sug...

2023-07-31 16:00:12 ET Summary The S&P 500 saw its third consecutive positive month, with value and cyclical sectors leading the market instead of tech. Energy sector benefited from strength in oil prices, while optimism about the banking sector boosted Financials. Small-c...

2023-07-29 08:00:00 ET Summary Long leading indicators remain very negative. Short leading indicators meanwhile have rebounded, mainly driven by indicators tied to inflation and declining commodity prices. High frequency coincident indicators, such as consumer spending, have t...