This month’s Retirement Times discusses the following:
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An Oversold (and Confused) Market • In mid-July, 87% of the S&P stocks exceeded their 50-day moving average. By mid-August, the high point had fallen to 33%, and as of September’s close, the number of stocks still holding above their 50-day moving average slipped...
Same Song, Second (or Third or Fourth) Verse There’s a certain sameness to the current market environment. It seems that we’ve been facing a familiar dynamic tension for most of the past year: GDP is thankfully still positive — no recession yet, and the unemployment...
In this morning’s data, Personal Income grew 0.4% in August, as expected and higher than the previous month. Personal Spending grew 0.4% in August, slightly lower than expected and moderately lower than the previous month. Real Personal Spending, which accounts for...