As promised, last week, we have some more good data points….
Again, we feel Market Participants maybe a bit overzealous here … expect bumps …
BUT … the earnings and economic front are showing good data points…
S&P 1 Month Earnings Estimates From Our Friends at Factset
Take note of the usual guide down historically in this chart, with this months most recent, bucking the trend… Nice
JOLTS – Job Openings and Labor Turn Over – aka Jobs Available
The Jolts report is a good measure of the possible jobs available in the US Economy (Watched closely by the FOMC – Federal Open Market Committee – The FED)
What is important about this report, is the expectation was for about 4.9 million jobs and the actual came FAR ahead at 5.9 million … Nice X 2
PPI – Producer Price Index – Price of Production Items
Lastly and briefly, so as not to have you think you have fallen into an Economics class….haha
The PPI is a broad measure of domestic producer sales prices… when it’s going up, there is demand and more importantly when down, slack…
There are various ways to measure this Economic report (Core, Month over month, year over year, %) … all measurements beat their estimates handily …. Nice X 3!
There you have it… some nice market and economic numbers for your summer hump day!
Have a Great “Economics Beating Expectations” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
32.8628411-96.8081
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More Positive Data Points …. Factset Earnings … JOLTS Job Openings … PPI Producer Prices …
As promised, last week, we have some more good data points….
Again, we feel Market Participants maybe a bit overzealous here … expect bumps …
BUT … the earnings and economic front are showing good data points…
S&P 1 Month Earnings Estimates From Our Friends at Factset
Take note of the usual guide down historically in this chart, with this months most recent, bucking the trend… Nice
JOLTS – Job Openings and Labor Turn Over – aka Jobs Available
The Jolts report is a good measure of the possible jobs available in the US Economy (Watched closely by the FOMC – Federal Open Market Committee – The FED)
What is important about this report, is the expectation was for about 4.9 million jobs and the actual came FAR ahead at 5.9 million … Nice X 2
PPI – Producer Price Index – Price of Production Items
Lastly and briefly, so as not to have you think you have fallen into an Economics class….haha
The PPI is a broad measure of domestic producer sales prices… when it’s going up, there is demand and more importantly when down, slack…
There are various ways to measure this Economic report (Core, Month over month, year over year, %) … all measurements beat their estimates handily …. Nice X 3!
There you have it… some nice market and economic numbers for your summer hump day!
Have a Great “Economics Beating Expectations” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents
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