January 2020 - North Star Financial Services

Upward Momentum Continues

Last Week: P=MV P=Momentum M=Mass V=Velocity The S&P 500 set another record on Thursday, as the upward momentum powered stocks through the destabilizing news flow from the Middle East. A minor sell-off on Friday following a tepid jobs report left the S&P 500 slightly below that record, but still +0.9% for the week. The yield on the Ten-Year Treasury inched up 3 basis points to 1.82%. For those of you who [...]

Blurry Start to 2020

Last Week: The economic trends remained in place as 2019 wrapped up as the number of Americans who applied for unemployment benefits at the end of 2019 fell slightly, showing the pace of layoffs in the U.S. remains near a half-century low. Initial jobless claims slipped by 2,000 to 222,000 in the seven days ended Dec. 28. Meanwhile a slump of American manufacturers deepened in December as a survey of senior [...]

Monthly Archives: January 2020