Author: chip

Housing Starts and the S&P 500 index 10 year correlation. https://lnkd.in/eSG7xfM

There have been rumblings lately pertaining to the market’s daily movement of greater than 1% volatility. 173 trading days into the year the DJIA is showing the signs of investor jitters. But there have been only 7 days with the DJIA closing up or down by more than 2%. Here’s the breakdown.

Is lack of income growth the “real political issue” for Americans in this 2016 presidential election? When you drill down and take a closer look at household income the past 20 years, it is disturbing. Here’s the data provided by the Census Bureau. http://bit.ly/2cUJ1ex

A closer look at the month of August’s job growth by industry in the private sector. Education and health care topped the list +39,000 new hires, while construction and manufacturing cut 6,000 and 14,000 employees respectively.

S&P 500 monthly price changes for 2016. January started the year off on a sour note, -5.1%. March rallied the troops with the index gaining 6.6%. August petered out as usual -.1%; in fact, since WWII the 8th month has posted -.2% on average and has earned the penultimate position for worst performing month.