Show notes
There is a lot for investors to be worried about in the current investment environment as US trade policy, deficit spending, and interest rate policy all have investors on edge. However, the stock market has “climbed the wall of worry” in recent months, as data has shown that some worries have not materialized and others were not as severe as expected. As a result, the S&P 500 regained the key level of 6,000 in early June. This could be a key point of delineation for future market moves. The US Government borrows money by issuing Treasury bonds in regular auctions. These auctions are a way to set interest rates and secure the funding that government needs to refinance maturing debt and pay for deficit spending. These auctions are usually quite routine but recently they have demanded more attention from investors as limited demand for Treasury bonds has caused interest rates to rise higher than expected. The May jobs report issued by the Bureau of Labor Statistics showed that the US labor market remained strong in May. The US economy added 139,000 jobs for the month and the unemployment rate remained steady at 4.2%. So far, the job losses predicted from government efficiency efforts and the uncertainty around trade policy have not materialized. However, future jobs reports will likely be scrutinized closely for signs of a slowing US economy. Plus, a look at the Planned Solutions Incorporated Office Bulletin Board - Daryl recently attended the 53rd FPA Norcal Conference in San Francisco, a local conference where financial planners from across the nation gather to learn about new financial planning strategies, practice management topics, and share best ideas with colleagues. To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast), please e-mail [email protected] The Personal Finance Review is published and distributed biweekly by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action. Chase Armer's book- Financial Planning Insights is now available at: https://www.amazon.com/Financial-Planning-Insights-Decades-Planner/dp/1098306279?ref_=ast_author_mpb Intro 00:00 US Stock Market Regains Key Level 01:25 Treasury Auctions: The New Market Indicator 13:37 US Labor Market Remains Strong 19:14 Bulletin Board 23:49 Planned Solutions, Inc.
