Last Friday the Department of Labor released the employment report for November. 227,000 jobs were created yet the unemployment rate ticked up to 4.2%. JP Morgan, one of the Portfolio Strategists we utilize for client accounts, commented on the US labor market in their Weekly Market Recap on Monday…
[Read more…]Potential 2025 Economic and Market Headwinds and Tailwinds
In his final monthly CIO 2 minute update of 2024, AssetMark Chief Investment Officer Christian Chan discusses potential tailwinds and headwinds for the US economy and the markets going into the first year of a Trump administration in 2025 .
Click HERE to view.
Happy Thanksgiving
Potential Holiday Cheer For The Economy
Despite higher inflation over the past few years, consumer spending has been resilient and kept the overall economy continuing to grow. In their Weekly Market Recap, JP Morgan, one of the Portfolio Strategists we utilize for client accounts, discusses how this trend may continue during the holiday season…
[Read more…]Don’t Let Market Gains Turn Into Tax Pains
With equity markets poised to close out another strong year, this special edition of “On The Mark” discusses how investors have an opportunity to manage their tax burden by tax-loss harvesting…
[Read more…]Could Interest Rates Fall Less Than Expected?
In light of falling inflation, the Fed started lowering interest rates in September and then again this month. They also signaled they may be lowering rates again in December and possibly four times in 2025. JP Morgan, one of the Portfolio Strategists we utilize for client accounts, discussed in their Weekly Market Recap whether some recent economic data and events could put these plans in jeopardy…
[Read more…]Inflation As Expected In October
Trump 2.0: Key Policies & Market Implications
Now that last week’s election results are settled, the November issue of “On the Mark” discusses the possible economic and market implications of a second Trump term…
[Read more…]Fed Lowers Interest Rates Again
The Elections Are Over… Now What?
In his monthly CIO 2 minute update, AssetMark Chief Investment Officer Christian Chan discusses how the election of President Trump yesterday may impact the economy and the markets.
Click HERE to view.