by NelsonCorp Wealth Management | Sep 6, 2024 | Chart of the Week
The market got a jolt from the latest JOLTS (Job Openings and Labor Turnover Survey) report this week. According to the latest data from the Bureau of Labor Statistics, the number of job openings in the U.S. dropped to 7.67 million in July. That’s the lowest...
by NelsonCorp Wealth Management | Aug 30, 2024 | Chart of the Week
We all know the story—slow and steady wins the race. The tortoise beats the hare. Well, lately, it turns out bonds have been channeling their inner tortoise. How so? Imagine this: the S&P 500 Index (the stock market) is like the hare—fast, flashy, always in...
by NelsonCorp Wealth Management | Aug 23, 2024 | Chart of the Week
There’s a famous scene in the classic western Once Upon a Time in the West (1968) where the character Harmonica steps off a train and is confronted by three gunmen. When Harmonica asks if they brought a horse for him, one of the gunmen smirks and says, “Looks...
by NelsonCorp Wealth Management | Aug 16, 2024 | Chart of the Week
In chaos theory, there’s this concept known as the butterfly effect. You might have heard of it or seen the 2004 movie by the same name. The idea is that tiny actions can lead to unpredictable changes over time. The famous example is a butterfly flaps its wings...
by NelsonCorp Wealth Management | Aug 9, 2024 | Chart of the Week
It was a wild week in financial markets. A lot of crazy stuff happened. While I could point to several noteworthy charts—like the sharp decline in Japanese stocks or the fleeting reversal of the inverted yield curve—one chart stood out above the rest: weekly...
by NelsonCorp Wealth Management | Aug 2, 2024 | Chart of the Week
It’s weird. Given a relatively strong economy and stock market, you would think consumer confidence would be running hot right now. But that’s not the case. As our featured chart above shows, the University of Michigan Consumer Sentiment Index fell to its...
