Economic Commentary – January 13, 2025
It should be a doozy of a week. Financial markets are continuing to digest the extremely strong US nonfarm employment numbers from Friday while contemplating the release of a full load of inflation data. Strong economic growth going into the first quarter seems well established, although, in truth, the announcement of 256,000 jobs created in […]
Investment Commentary – January 13, 2025
Executive Summary Last week, US stocks and bonds were down. The MSCI EAFE (non US developed) and MSCI emerging markets indices outperformed the S&P 500. The best performing sectors in the S&P 500 were energy, health care, and materials. Across U.S. style & market cap indices, large-cap value did the best, and the value factor […]