Update for September/October - Listen - LifeGoals Market Update

Update for September/October

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1. Macroeconomic events and risksIn the US, nonfarm payrolls surged by 254,000 in September, with unemployment edging down to 4.1%. Wages grew 0.4% monthly and 4.0% annually, beating forecasts. US Treasury yields spiked after the report, as markets increased bets on rate cuts in November and December, signaling healthy labor market momentum. Meanwhile, US CPI inflation hit 2.4% in September, with core CPI rising 3.3%—both slightly higher than expected.In Europe, the ECB followed through on it...

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Update for November

Macroeconomic EventsThe U.S. economy is showing mixed signals. October's nonfarm payrolls rose by only 12,000, the smallest gain since late 2020, largely due to factors such as the Boeing strike and disruptions caused by hurricane Helene. The unemployment rate held steady at 4.1%, while Inflation...

Published 11/22/24

LifeGoals Market Update

Published 11/22/24

Update for August/September

Macroeconomic OverviewIn the US, nonfarm payrolls rose by 142,000 in August, improving from July but falling short of forecasts. The unemployment rate edged down to 4.2%, and wage growth exceeded expectations, reflecting a resilient labor market. The Federal Reserve responded by cutting interest...

Published 10/16/24