By Bespoke Investment Group
The weekly Initial Jobless Claims reading has done a pretty good job mirroring the movement in the US stock market since the bull market began in 2009. Below is a chart of the S&P 500 versus the inverse of the Initial Jobless Claims (seasonally adjusted) reading since March 2009. With the inverse of the claims reading making a new bull market high this week, will the S&P 500 now follow?
At Interactive Advisors, we have been bringing together our collective intuition, knowledge and experience for the past 15+ years now. Join us as a manager or a client, and bring yours too! A large range of contemporary offerings continues to be a testament to our insightful approach in providing exceptional robo-advisory services.
On CNBC this morning, Jim Cramer was flabbergasted over Citigroup CEO Vikram Pandit’s abrupt departure: “This was a terrific quarter… I don’t […]
Retirement brokers will need to meet fiduciary standard with clients
You don’t have to be super-rich to play the startup investing game.
