Monthly Economic Update

19 June 2019

June 2019 | Monthly Economic Update

Posted in Monthly Economic Update

In this month’s recap: major stock benchmarks descend as new developments in the U.S.-China tariff dispute lead to a broad risk-off in equities; consumer confidence surges, while the housing market cools.
June 2019 | Monthly Economic Update

THE MONTH IN BRIEF

Hopes for a quick resolution to the U.S.-China trade dispute faded in May as discussions broke down and rhetoric from both sides turned tough again. The disappointment lingered on Wall Street: the month saw losses for stocks. On Main Street, consumer confidence was strong and inflation tame. Mortgage rates reached year-to-date lows, but the latest data on home sales showed weak spring buying. The price of crude oil fell significantly, and so did the yield on the 10-year Treasury.

09 May 2019

May 2019 | Monthly Economic Update

Posted in Monthly Economic Update

In this month’s recap: the S&P 500 returns to record territory, key economic indicators show strength, oil continues its ascent, and existing home sales decline.
May 2019 | Monthly Economic Update

THE MONTH IN BRIEF

Wall Street shifted its focus from trade to earnings in April. On that front, the news was good: through April 26, first-quarter results for S&P 500 firms had beaten expectations by 5.3%, a bit better than the historical average of 4.8%. A strong first-quarter gross domestic product reading and solid consumer spending and hiring numbers did much to quell worries about the economy slowing. Existing home sales retreated again; mortgage rates went north again. Oil prices rose. Bullish sentiment was palpable.1

01 April 2019

April 2019 | Monthly Economic Update

Posted in Monthly Economic Update

In this month’s recap: the Federal Reserve sees no rate hikes in 2019, investors watch Treasury yields with interest, hiring suddenly weakens, home sales pick up, and the price of oil tops $60.
April 2019 | Monthly Economic Update

THE MONTH IN BRIEF

The Federal Reserve altered its outlook on interest rates in March, and the stock and bond markets certainly took notice. Both the Fed and the European Central Bank communicated that they saw economic growth moderating. Even so, the S&P 500 managed to advance 1.79% for the month. Trade talks continued between the U.S. and China, but without much in the way of real developments. New reports revealed a sudden slowdown in hiring and only mild inflation. Existing home sales accelerated, crude oil gained value, and the Brexit saga took yet another turn.1

01 March 2019

March 2019 | Monthly Economic Update

Posted in Monthly Economic Update

In this month’s recap: domestic and foreign shares (and many commodities) advance, as two major investor anxieties ease for the moment.
March 2019 | Monthly Economic Update

THE MONTH IN BRIEF

You could say that Wall Street breathed a collective sigh of relief in February. Investors were encouraged by new developments in U.S.-China trade negotiations and by the minutes from the Federal Reserve’s most recent policy meeting. On Main Street, consumer confidence improved, while consumer spending kept pace. Home sales declined once more, but so did mortgage rates. Optimism about the potential of the markets seemed to outweigh pessimism about possible economic deceleration. The S&P 500 gained 2.97% for the month.1

01 February 2019

February 2019 | Monthly Economic Update

Posted in Monthly Economic Update

In this month’s recap: equities rally here and around the world, economic fundamentals look solid, the pace of home sales slows, and oil surges.
February 2019 | Monthly Economic Update

THE MONTH IN BRIEF

During a month marked by political impasses in the United States and United Kingdom, equities performed well around most of the world. On Wall Street, the S&P 500 advanced 7.87% in January, with a new earnings season as well as trade and monetary policy developments providing tailwinds. Most of the economic data that rolled in was good; the partial federal government shutdown may have negatively impacted some of the numbers. Home sales fell off abruptly. Many commodities advanced. All in all, investors focused on the potential of the markets more than disputes.1

10 January 2019

January 2019 | Monthly Economic Update

Posted in Monthly Economic Update

In this month’s recap: equity and commodity markets experience major losses, the Fed sends a hawkish message, home sales improve, and the economy maintains its momentum.
January 2019 | Monthly Economic Update

THE MONTH IN BRIEF

December 2018 will be remembered for its volatility and its challenges. The S&P 500 flirted with bear market territory, dropping 10.16% for the month. Appetite for risk declined here and abroad in the face of tariffs, concerns about the Federal Reserve raising interest rates too quickly, a federal government shutdown, and questions about the Brexit. It was also a difficult month for commodities. In contrast, Main Street seemed in good shape: low unemployment, high consumer confidence, and strong consumer spending were all evident.

10 December 2018

December 2018 | Monthly Economic Update

Posted in Monthly Economic Update

In this month’s recap: equities rise with a little help from the Fed, oil dives, and most key domestic indicators look quite strong.
December 2018 | Monthly Economic Update

THE MONTH IN BRIEF

For most of November, the stock market was plagued by the same skepticism evident in October: the sense that corporate profits were declining and economic growth was slowing. Then Federal Reserve chairman Jerome Powell threw investors a line: he delivered a speech late in the month that soothed some of the considerable anxiety in the equity markets. Helped by Powell’s comments, the S&P 500 gained 1.79% on the month. While analysts sensed the bull market was in its late phase, consumers remained confident, enthusiastic participants in an apparently thriving economy. In a surprise, home sales picked up. Oil fell. The United Kingdom scheduled a critical parliamentary vote on the Brexit; China and the U.S. returned to the negotiating table regarding tariffs.

11 November 2018

November 2018 | Monthly Economic Update

Posted in Monthly Economic Update

In this month’s recap: The S&P suffered a correction, oil and gas posted major losses, overseas growth was mixed and the Real Estate market is relatively flat.
November 2018 | Monthly Economic Update

THE MONTH IN BRIEF

October certainly lived up to its reputation for volatility. The S&P 500 suffered its second correction of the year as investors wondered if they were seeing early signs of the peak of the current business cycle, absorbing news of moderating corporate earnings, while also considering the potential impact of higher interest rates and tariffs. Real estate indicators, for the most part, left much to be desired; labor, manufacturing, and consumer spending and confidence indicators were in better shape. Overseas, major and minor reductions in economic growth were forecast for various nations. In the commodities sector, oil and gasoline posted major losses.

08 October 2018

October 2018 | Monthly Economic Update

Posted in Monthly Economic Update

In this month’s recap: the Fed hikes again, wage growth ascends, mortgage rates rise notably, and stocks advance.
October 2018 | Monthly Economic Update

THE MONTH IN BRIEF

Wall Street maintained its optimism in September. While trade worries were top of mind for economists and investors overseas, bulls largely shrugged at the prospect of tariffs and the probability of another interest rate hike. The S&P 500 rose 0.43% for the month. On the whole, U.S. economic indicators were quite good, and some offered pleasant surprises.

12 September 2018

September 2018 | Monthly Economic Update

Posted in Monthly Economic Update

In this month’s recap: stocks make history, consumer confidence rises, the housing market’s summer slump continues, and a new trade pact might replace NAFTA.
September 2018 | Monthly Economic Update

THE MONTH IN BRIEF

Wall Street had much to celebrate in August. The S&P 500 and Nasdaq Composite both reached historic heights, with the Nasdaq crossing two 1,000-point milestones in a calendar year for the first time since 1999. The current bull market became the longest on record. U.S. stock exchanges outperformed many others around the world, as imposed tariffs and currency troubles in the emerging markets gave overseas investors pause. Major commodities largely lost ground. U.S. economic indicators were again strong for the most part, aside from those in the housing sector.


CONTACT US
  • Phone:

    (336) 760-4829

  • E-Mail:

    This email address is being protected from spambots. You need JavaScript enabled to view it.

CONNECT WITH US ON SOCIAL MEDIA

RETURN ON LIFE (TM) and Life centered planning (tm) are both protected terms and used by permission from https://www.lifecenteredplanners.com/

Compliance & Regulatory Information
Privacy Policy
Form ADV, Part 2A & B

Accruent Wealth Advisors is a registered investment advisory firm registered with the State of North Carolina.
Copyright © 2018 Accruent Wealth Advisors. | Disclaimer | Powered by AdvisorFlex and was designed with love by Illuminated Advisors.