Get the latest on financial happenings and Advisor best practices, all in one place.
Listen to our investment team share the recent jobs report, commentary on steep federal interest rates, and more market updates.
Good Life welcomes Gonen Ergas to our growing team of talent. As East Coast Regional Director of Business Development, Gonen serves in a consultative role to help financial advisors tap into the value of Good Life’s independent platform to launch, grow, and unlock the most value for their business.
US equities were narrowly mixed this week with the S&P 500 a bit higher but Nasdaq slightly lower. Small-caps also trailed the broader S&P 500 for a second-straight week.
A better-than-expected jobs report on Friday caused equity markets to jump allowing the S&P500 and Nasdaq to end in the black for the week while the Dow and smallcaps ended down. September nonfarm payrolls, came in at 336K vs consensus for 163K.
There was some bullish narrative this week that centered around stabilization of rates, particularly at the policy-sensitive short end of the curve.
Week 42 Talking Points: Higher rates, D.C. dysfunction, mixed earnings, uneasy geopolitics and more