Inside the Economy: Jobs, Housing, and Global Markets

SHJ Wealth Advisors

This week on “Inside the Economy”, we evaluate the outlook for the upcoming Federal Reserve meeting, the job market, housing, and global markets. The chances of a future interest rate cut by the Fed have increased – what factors have led to this change? Yields on fixed income have gone down; how might they react to another interest rate cut? We also explore U.S. manufacturing employment and consider policy shifts in the past several years like tariffs aimed at retaining jobs. Are these policies successfully bringing jobs back to the U.S.? Is the overall job market starting to tighten? Additionally, we discuss the strong momentum in U.S. markets post-election – are stocks becoming overvalued, and what could trigger a correction? Is there still an imbalance between U.S. stocks as compared to markets in other countries? Tune in to learn more! Key Takeaways: • 10-year bond yield at 4.17% • Unemployment at 4.2% • 30-year Mortgage at 6.69%