As the calendar turns to May, it also means the current economic expansion is now 107 months old, officially marking the second-longest since World War II (WWII). As our LPL Chart of the Day shows, only the 120-month expansion of the 1990s stands in the way of the...
Macro View Daily Insights Earnings season has been a success by virtually any measure, with an impressive upside surprise, very strong growth, and positive guidance overall.With 409 S&P 500 companies having reported, S&P 500 earnings for the first quarter are...
US: S&P 500 Index -0.2%, Dow -0.2%, Nasdaq +1.3% Europe: STOXX Europe 600 +0.6%, German DAX +1.9%, France CAC 40 +0.6%, U.K. FTSE 100 +0.0% Asia: Japan Nikkei -0.0%, China Shanghai Composite +0.3%, Korea KOSPI -1.2%...
The great American naturalist Edwin Way Teale wrote, “The world’s favorite season is the spring. All things seem possible in May.” Investors often have a more pessimistic perspective heading into the spring and summer seasons as the “sell in May and go away” axiom...
Macro View Daily Insights Unemployment hits 18-year low. The closely watched nonfarm payrolls report, released this morning, showed the U.S. economy created fewer jobs than expected (164k versus 190k) but the overall employment level ticked higher as the labor force...
