I:RUT Jun 2024 2050.000 put
- Yahoo Finance Video
How a higher-for-longer environment could benefit for retirees
The recent April jobs report was weaker-than-expected, signaling a slowdown in the labor market. To discuss how the data could impact inflation and to offer guidance for retirees navigating this environment, Pointwealth Capital Management CEO and Founder Sandra Cho joins Wealth! Cho states that while it "would be wonderful" if the recent jobs report contributed to lowering inflation, she views this scenario as unlikely, with inflationary pressures stubbornly persistent. The Pointwealth founder suggests that if the slowdown in the labor market continues, it could indicate a reduction in the number of employed individuals, leading to "less people to buy things." This dynamic could prompt consumers to become more price-conscious, potentially easing pressure on prices — a scenario that "bodes well" for a potential Federal Reserve rate cut. Amid these economic conditions, Cho highlights a potential silver lining for retirees. She notes that individuals are "finally getting a decent yield in bonds," which can benefit their retirement portfolios. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
- Insider Monkey
The London Company Small Cap Strategy Trimmed Tempur Sealy International (TPX) in Q1
The London Company, an investment management company, released “The London Company Small Cap Strategy” first quarter 2024 investor letter. A copy of the letter can be downloaded here. In the quarter, the fund gained 8.3% (8.2%, net) compared to a 5.2% increase in the Russell 2000 Index. Stock selection led the portfolio to outperform in […]
- Reuters
GLOBAL MARKETS-Stocks jump, yields drop as Fed cut hopes bloom
A gauge of global stocks rallied while Treasury yields fell on Friday after a U.S. payrolls report was softer than anticipated, easing concerns the Federal Reserve would keep interest rates higher for longer. Nonfarm payrolls rose by 175,000 last month, the lowest since October 2023, and short of the 243,000 estimate of economists polled by Reuters. Recent data on inflation and the labor market had fueled concerns the Fed could would be forced to keep rates higher for longer than the market was anticipating, or even raise rates again.
