by NelsonCorp Wealth Management | Feb 16, 2023 | Indicator Insights
We’ve received some good news about the state of the economy recently. For example, the nonfarm payrolls report for January revealed that the U.S. economy added 517,000 net new jobs last month. This was way higher than the expected 185,000 jobs. And on top of...
by NelsonCorp Wealth Management | Feb 15, 2023 | Financial Focus
Listen to this week’s Financial Focus as Andy Fergurson joins Nate Kreinbrink to discuss the upcoming tax season and how you can take control of your tax situation.
by NelsonCorp Wealth Management | Feb 13, 2023 | Weekly Market Thoughts
OVERVIEW U.S. stocks were in the red last week, with all three major indices closing lower. The S&P 500 fell 1.11%, the Dow declined 0.17%, and the Nasdaq dropped 2.41%. Foreign stocks were down as well. Developed country stocks declined 1.59%, and emerging...
by NelsonCorp Wealth Management | Feb 10, 2023 | Chart of the Week
This week’s featured chart shows that a key indicator of the economy’s strength took a sharp U-turn last month. The ISM Composite indicator rose to 51.3% in January, up from the previous month’s reading of 48.8%. According to the indicator above, this is good...
by NelsonCorp Wealth Management | Feb 9, 2023 | Indicator Insights
An important commodity-based inflation indicator that we highlighted a few months back recently fell out of its high negative zone—a sign that inflation has likely peaked and that stock market returns could be stronger going forward. This specific indicator...