Julie Luther’s Post

Dr. Jeffrey Roach, Chief Economist at LPL Financial, focuses on the signals amid a storm-impacted payroll report and also highlights that markets may need to reset rate-cutting expectations.

Dr. Jeffrey Roach, Chief Economist at LPL Financial, focuses on the signals amid a storm-impacted payroll report and also highlights that markets may need to reset rate-cutting expectations.

Dr. Jeffrey Roach, Chief Economist at LPL Financial, focuses on the signals amid a storm-impacted payroll report and also highlights that markets may need to reset rate-cutting expectations.

Dr. Jeffrey Roach, Chief Economist at LPL Financial, focuses on the signals amid a storm-impacted payroll report and also highlights that markets may need to reset rate-cutting expectations.

𝗚𝗲𝗼𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗧𝗲𝗻𝘀𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗝𝗼𝗯 𝗗𝗮𝘁𝗮 𝗶𝗻 𝗙𝗼𝗰𝘂𝘀 𝗮𝘀 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗥𝗲𝗮𝗰𝘁 Markets are slightly lower early today, reflecting caution as geopolitical tensions rise. ADP's September private-sector payrolls report came in stronger than expected, with 143K new jobs, while small businesses continue to struggle with losses. However, larger companies saw gains, led by the Leisure and Hospitality sector. Despite these job increases, wage growth remained muted, which could ease inflation concerns. Additionally, oil prices surged over 2% amid escalating tensions in the Middle East. Investors are also bracing for non-farm payroll data on Friday, which will provide further insight into the labor market. While you shouldn't focus or make investment decisions based upon daily market news, it's important to stay informed in this evolving economic landscape. Want to speak in person, via Zoom, or over the phone? Our calendar can be found online at https://lnkd.in/gV39bdjg.

Bill Alert! US House Bill HR 10198 - To amend the Federal Reserve Act to require the Board of Governors of the Federal Reserve System to establish goals for the use of diverse investment advisers, brokers, and dealers in investment management agreements related to the Board of Governors unusual and exigent circumstances authority, and for other purposes. Status: Bill Introduced Full Details: https://lnkd.in/gZi8br3X Bill 118 hr 10198, also known as the "Diverse Investment Advisers Act," aims to amend the Federal Reserve Act to require the Board of Governors of the Federal Reserve System to set goals for the inclusion of diverse investment advisers, brokers, and dealers in investment management agreements related to the Board's authority in unusual and exigent circumstances. The bill seeks to promote diversity and inclusion in the financial sector by ensuri...

Check out our latest blog post, 'Markets in a Minute - 80 Years Later'. Dive into recent job market trends, unemployment rates, and more! Read now at the 🔗: https://lnkd.in/gzB_m2_W #HORANWealth #FinanceEducation

August Jobs Report Shows Mixed Signals Amid Slowdown The August jobs report revealed that non-farm payrolls increased by 142K, below expectations but higher than the ADP report. Construction led the gains, while manufacturing saw a notable decline of 24K jobs. Wage growth rose by 0.4%, surpassing forecasts, and the labor force participation rate held steady. With upcoming CPI data and further Fed meetings, speculation around rate cuts continues to dominate market discussions. While you shouldn't focus or make investment decisions based upon daily market news, it's important to stay informed in this evolving economic landscape. Want to speak in person, via Zoom or over the phone? Our calendar can be found online at https://lnkd.in/gV39bdjg.

August Jobs Report Shows Mixed Signals Amid Slowdown The August jobs report revealed that non-farm payrolls increased by 142K, below expectations but higher than the ADP report. Construction led the gains, while manufacturing saw a notable decline of 24K jobs. Wage growth rose by 0.4%, surpassing forecasts, and the labor force participation rate held steady. With upcoming CPI data and further Fed meetings, speculation around rate cuts continues to dominate market discussions. While you shouldn't focus or make investment decisions based upon daily market news, it's important to stay informed in this evolving economic landscape. Want to speak in person, via Zoom or over the phone? Our calendar can be found online at https://lnkd.in/gjhGp5Mr.

Here is a recap of today's important employment report that will influence the Federal Reserve's decision on interest rates!