Matthew Krumholz 
Vica’s economic outlook for 2024 A cautiously optimistic perspective unfolds, forecasting a consistent GDP growth of 2.3 percent for the United States. The driving force behind this growth is the resilience exhibited in sectors like government, healthcare, and services, poised to lead the charge in job creation. Employment Trends The U.S. economy has been historically … Read more
Stay Informed and Stay Ahead: Market Watch, January 30th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: November saw a 5.4% increase in the S&P Case-Shiller Home Price Index, December job openings reached 9.0 million, and January’s consumer confidence rose to 114.8 from December. Market Indices: DJIA (+0.35%), S&P 500 (-0.06%), Nasdaq … Read more
Stay Informed and Stay Ahead: Market Watch, January 26th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Inflation cools, December economic indicators showed modest gains in personal income and spending, with a big beat in home sales. Market Indices: DJIA (+0.16%), S&P 500 (-0.07%), Nasdaq Composite (-0.36%). Sector Performance: 6 of 11 … Read more
Stay Informed and Stay Ahead: Market Watch, January 23rd, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Japan’s BoJ maintains its interest rate at -0.1%, Canada’s New Housing Price Index remains unchanged at 0.0% MoM in December, and EU’s Consumer Confidence (Flash) for January is -16.1. Market Indices: DJIA (-0.25%), S&P 500 … Read more
Stay Informed and Stay Ahead: Market Watch, January 18th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: In January, jobless claims were 187,000, below the 208,000 forecast; Philly Fed Survey declined. December housing starts slightly missed at 1.46 million, while building permits exceeded at 1.5 million. Market Indices: DJIA (+0.54%), S&P 500 … Read more
Stay Informed and Stay Ahead: Market Watch, January 11th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Jobless claims beat forecasts at 202,000. Dec. CPI and Core CPI slightly exceed expectations, with YoY increases. Market Indices: DJIA (+0.04%), S&P 500 (-0.07%), Nasdaq Composite (+0.00%). Sector Performance: 9 of 11 sectors lower; Information … Read more
Stay Informed and Stay Ahead: Market Watch, January 9th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: November saw a narrowed U.S. trade deficit of -$63.2B, NFIB Business Optimism at 91.9, and notable increases in exports/imports and consumer credit. Market Indices: DJIA (-0.42%), S&P 500 (-0.15%), Nasdaq Composite (+0.09%). Sector Performance: 7 … Read more
Stay Informed and Stay Ahead: Market Watch, January 5th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: In December, the U.S. employment rate and hourly wages closely align with consensus expectations, while ISM services fall below expectations, and factory orders for November modestly exceed forecasts. Market Indices: DJIA (+0.07%), S&P 500 (+0.18%), … Read more
Stay Informed and Stay Ahead: Market Watch, December 22nd, 2023. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Core PCE (YoY) outperforms at 3.2%, exceeding the forecast, while PCE (YoY) declines notably to 2.6%. Market Indices: DJIA (-0.05%), S&P 500 (+0.17%), Nasdaq Composite (+0.19%). Sector Performance: 10 of 11 sectors higher; Consumer Staples … Read more
Stay Informed and Stay Ahead: Market Watch, December 19th, 2023. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Housing starts for November at 1.56 million surpassed expectations, while building permits at 1.46 million fell slightly short. Market Indices: DJIA (+0.68%), S&P 500 (+0.59%), Nasdaq Composite (+0.66%). Sector Performance: All11 sectors higher; Industrials (+1.23%) … Read more