Viewing all articles tagged as:
Wall Street to Your Street
November market recap: Interest rates rise post election
December 2, 2016 | Gene Walden, Senior Finance Editor
Market interest rates moved up in November with the election of a new president who has advocated for spending more on infrastructure and the military while cutting taxes. Fixed income investors drove rates higher over concerns that the combination of increased government spending and lower tax revenue could lead to a growing deficit and mounting inflation.
Is now the time to consider actively managed funds?
December 1, 2016 | Gene Walden, Senior Finance Editor, and Jeffrey Branstad, CFA, Senior Investment Product Strategist, Thrivent Mutual Funds
No question, index funds have enjoyed strong performance the past seven years during the second longest bull market run in U.S. history. But if the market should stumble under the weight of the recent tepid economic conditions and the prospect of rising interest rates, a new Thrivent Mutual Funds Active vs. Passive Study, suggests that index investors may be well served to consider switching their dollars to actively-managed funds.
Jobs growing slowly but wages rise in October
November 7, 2016 | Russ Swansen, Chief Investment Officer
U.S. employers added only 161,000 nonfarm jobs in October, but the average hourly wage grew by 10 cents, according to the U.S. Department of Labor, Bureau of Labor Statistics, Employment Situation report issued Nov. 4. October marked the third month in a row of subpar job growth compared with the 2015 average of 229,000 new jobs per month.
October 2016 market recap: Holding on for election day
November 1, 2016 | Gene Walden, Senior Finance Editor
Octobers have been known for some monumental market meltdowns. Most notable among them are the Crash of 1929, Black Monday in 1987, and October 15, 2008, when the Dow Jones Industrial Average plunged 733 points (7.9%), signaling the start of the Great Recession.
Wall Street to Your Street: