by Daniel White | Apr 15, 2024 | Economy
April 15, 2024 The March 2024 jobs report showed how unemployment rose to 3.9% in February, up from 3.7% in January. It’s the highest figure since January 2022, when the rate was trending lower from the pandemic peak. The unemployment rate has incrementally moved...
by Daniel White | Apr 8, 2024 | Economy
April 08, 2024 Is it just me, or does the cost of pretty much everything seem to be on the rise? For instance, you used to be able to find deals at the grocery store. But not anymore. Now prices border on absurdity. Even Trader Joe’s is in on the act after increasing...
by Daniel White | Mar 25, 2024 | Economy
March 25, 2024 I’ve mentioned extreme stock market valuations before, and we seem to be in a similar situation now. A recent Wall Street Journal article showed how the S&P 500 is expensive using multiple valuation methods: The price-earnings ratio is above its...
by Daniel White | Mar 18, 2024 | Economy
March 18, 2024 Many market indexes weighted by market capitalization are top-heavy right now. A glaring example is the S&P 500, where the “Magnificent 7” stocks account for roughly 29.0% of the index’s total value. It’s interesting what has historically happened...
by Daniel White | Mar 11, 2024 | Economy
March 11, 2024 Struggling cosmetics company Estée Lauder’s stock is down more than half from its 2021 peak, yet it recently added $10 billion to its market capitalization. How did that happen? Well, the company posted solid earnings, beating analyst estimates. That...
