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...
by NelsonCorp Wealth Management | Jul 26, 2024 | Chart of the Week
Gone are the days when stocks move in lockstep with the index. This week’s chart shows that stocks in the S&P 500 are increasingly going their own way. Specifically, the chart shows the median 63-day correlation of S&P 500 stocks to the S&P...
by NelsonCorp Wealth Management | Jul 19, 2024 | Chart of the Week
Investors are gobbling up stocks at a frenzied pace. As our featured chart this week illustrates, in the last week of June, $15 billion flowed into U.S. equity funds—the highest weekly amount in a year! This surge reflects growing confidence in a stock market...
by NelsonCorp Wealth Management | Jul 12, 2024 | Chart of the Week
We got some big news regarding the economy this week. The latest inflation reading showed that June’s Consumer Price Index (CPI) fell 0.6% over the previous month. This was the first monthly decline since 2020. What caused the price drop? Used cars, mostly....
by NelsonCorp Wealth Management | Jul 5, 2024 | Chart of the Week
The latest savings rate data showed that the personal savings rate for U.S. households edged up to about 3.9% in May. On the bright side, this shows that Americans haven’t felt the need to cut back on spending in recent months and are actually socking away a...