A string of positive economic data has lifted Citi's US Economic Surprise Index to its highest level since October 2023. In today's Up & Adam, CIO Larry Adam provides perspective on this and other developments in tariff policy, private credit and more. https://t.co/n5UxOo5sej
The current stretch of 9 consecutive positive weeks is one of the longest historically. Since 1980, there have only been a handful of 8+ consecutive weekly gains.
Read more in the Weekly Market Guide. https://t.co/HohC8HV7mS
Job openings rose to the highest level in 17 months. Meanwhile, retailers have reported signs of strain among lower-income consumers amid inflation pressures. CIO Larry Adam shares perspective on today's market-moving headlines in Up & Adam. https://t.co/wJwG6hMYQo
Reaching an eight-week streak of positive growth, the S&P 500 was on a roll in May. Strong earnings in the tech sector helped lead the way as the market pushed ahead through inflationary pressures. Get the details in the May market recap: https://t.co/w9KsuWlgq7
Summer jobs still matter to the individuals who get them, but teen participation in the labor force has fallen significantly since the early 2000s. Raymond James Chief Economist Eugenio J. AlemΓ‘n explains the forces at work: https://t.co/PniV6KUTWf
Riding the Market Momentum: The S&P 500 has rallied nearly 20% from its late-March, Iran conflictβdriven low.
Read more in the Weekly Market Guide. https://t.co/yfe8bHG8Wu
Consumer spending trends remain mixed as retailers navigate persistent cost of living pressures and elevated fuel prices. CIO Larry Adam shares insight on the latest earnings signals and what they may suggest for demand in the second half of the year. https://t.co/hcpcExtIix
With tariff refunds underway, some companies are signaling plans to roll back price hikes. Meanwhile, the S&P 500 reached another milestone. CIO Larry Adam explains today's market-moving headlines in Up & Adam. https://t.co/2NKNeiHl87
The S&P 500's winning streak extended to eight weeks. Meanwhile, oil prices have fallen to a one-month low as markets weigh progress toward a potential US-Iran deal. CIO Larry Adam shares insight in today's Up & Adam. https://t.co/rsdio93ZYk
Elevated mortgage rates, affordability pressures and constrained supply continue to weigh on the housing market. In the latest Weekly Economics, Raymond James Chief Economist Eugenio AlemΓ‘n examines why the housing market is sluggish, but not distressed: https://t.co/kdkraEOb95
Following the index's pullback in Q1, there has been some incremental progress in the Middle East (i.e. ceasefire negotiations vs. widespread bombing) and economic data has been resilient through the disruptions.
Read more in the Weekly Market Guide. https://t.co/NAH6tX4BNx
From shifting energy prices to global economic resilience, several factors are influencing markets this week. CIO Larry Adam shares insight in today's Up & Adam. https://t.co/uVNXYcwzdV
Record Memorial Day travel projections signal resilient consumer demand despite higher prices. CIO Larry Adam shares insight in today's Up & Adam. https://t.co/zZMzDDoHzQ