July wrapped up with a nice rally in the U.S. markets, proving that summer can be a productive season in your investment portfolio. Today’s discussion brings our attention to U.S. GDP, the bond markets, and the emerging markets. Listen in to find out which two emerging market countries are projected to be the fastest growing in 2016!
This week’s discussion highlights segments of the U.S. economy. The U.S. job market remains strong as layoffs within the energy sector remain low and individuals who leave their current positions are moving on to better jobs. In the housing market, U.S. home prices are up 10% on average and even higher in the Mountain and Pacific areas. The municipal bond market, with the exception of Illinois and New Jersey, has done well as state and local finances continue to improve. Listen in to hear more on these issues as well as GDP for the first quarter and anticipated bad press for Freddie Mac.
Coming off of a week of some volatility in the markets, Larry addresses many of the concerns investors felt. Touching on the revised U.S. GDP, the S&P 500, and U.S. corporate profits, Larry shows how good the economy here looks. He also delves into the German economy and explains why it’s more important to the U.S. economy than China and wraps up with a prediction for the 2016 election. An educational week this week — encourage your friends and family to listen in!
The U.S. GDP number was released and despite what the media might say, Larry thinks it’s a pretty good number. While the U.S. GDP is looking good, growth around the world has slowed and it doesn’t look like there will be an increase in consumer demand anytime soon. Larry also walks us through emerging markets such as South Korea and shares his thoughts on wages, new jobs, household assets and more in this week’s Inside the Economy with SH&J.
Though this week’s Inside the Economy is shorter than usual, it is full of interesting tidbits worth knowing. Larry goes into detail on the U.S. GDP’s recent correction, shares important notes on the labor market and unemployment, and takes us around the globe from Europe to China. He also touches on the S&P 500’s ‘less exciting’ trend, as well as the bond market’s increase in volatility. Listen in and share your comments and questions below.
In this week’s discussion, Larry shares some insight into the slight decline in the U.S. GDP, talks about the recovery of the Euro and looks at American consumer spending. He also shares some fascinating details about Saudi Arabia’s cutback on crude oil and his perspective on France’s recession. As usual, this week is well worth a listen and is sure to generate some interesting conversation.