The S&P 500’s positive performance this year means that a Harris victory is likely, history says. The Misery Index, which tracks unemployment and inflation, is also down, pointing to a Harris win. However, market volatility and new employment data could change the narrative, strategists say. Thanks for signing up! Access your favorite topics in a…
Ivan Scherman achieved a 491% return in the 2023 World Cup Championship of Futures Trading. He’s a quant fund manager who uses hundreds of models to execute trades across multiple assets. He emphasizes evidence-based technical analysis and risk management to minimize human error. Thanks for signing up! Access your favorite topics in a personalized feed…
The S&P 500 notched a new record on Thursday amid encouraging labor-market data and China stimulus. Micron was a big gainer, surging as much as 20% on strong earnings. Personal consumption expenditure data, the Fed’s preferred inflation gauge, comes out Friday. Thanks for signing up! Access your favorite topics in a personalized feed while you’re…
To Jon Wolfenbarger, the stock market’s success and the labor market’s recent deterioration don’t seem to add up. As of market close on Friday, the S&P 500 sat at 5,626, just below record highs. And yet, the unemployment rate continues to inch up, job openings continue to fall, and payroll data continue to underwhelm. The…