{"id":236726,"date":"2024-08-23T13:30:15","date_gmt":"2024-08-23T17:30:15","guid":{"rendered":"https:\/\/aptuscapitaladvisors.com\/?p=236726"},"modified":"2024-08-23T16:02:37","modified_gmt":"2024-08-23T20:02:37","slug":"the-market-in-pictures-august-23","status":"publish","type":"post","link":"https:\/\/aptuscapitaladvisors.com\/the-market-in-pictures-august-23\/","title":{"rendered":"The Market in Pictures, August 23"},"content":{"rendered":"

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence:<\/p>\n

Dave:<\/strong> Overall job growth has been modest over the past year, likely somewhere between these two measurements<\/em><\/p>\n

 <\/p>\n

\"\"Source: Raymond James as of 08.22.2024<\/p>\n

 <\/p>\n

Brett:<\/strong> but actual job losses have remained tame versus recent history<\/em><\/p>\n

 <\/p>\n

\"\"<\/em>Data as of 08.16.2024<\/p>\n

 <\/p>\n

Beckham:<\/strong> and wage growth is showing signs of recharging after seeing its growth rate fall from the peak<\/em><\/p>\n

 <\/p>\n

\"\"Data as of 08.19.2024<\/p>\n

 <\/p>\n

Joseph:<\/strong> The amount of money in the global economy is expanding again after a period of contraction<\/em><\/p>\n

 <\/p>\n

\"\"Data as of 08.18.2024<\/p>\n

 <\/p>\n

John Luke:<\/strong> at a time when the FOMC is about to begin a seemingly aggressive rate-cutting campaign<\/em><\/p>\n

 <\/p>\n

\"\"Source: Bloomberg as of 08.21.2024<\/p>\n

\u00a0<\/em><\/p>\n

Arch:<\/strong> U.S. consumers as a whole appear to have learned the lessons of high-expense borrowing<\/em><\/p>\n

 <\/p>\n

\"\"Data as of July 2024<\/p>\n

\u00a0<\/em><\/p>\n

Brad:<\/strong> but our federal government hasn\u2019t applied the same discipline to its budget<\/em><\/p>\n

\u00a0<\/em><\/p>\n

\"\"Source: Raymond James as of 08.21.2024<\/p>\n

 <\/p>\n

Beckham:<\/strong> The recovery of the 10% correction in NASDAQ stocks was easily the fastest on record<\/em><\/p>\n

 <\/p>\n

\"\"Data as of 08.19.2024<\/p>\n

 <\/p>\n

Brett:<\/strong> coinciding with the largest VIX decline in history<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

Brad:<\/strong> Small business owners are seeing renewed optimism <\/em><\/p>\n

 <\/p>\n

\"\"Source: Apollo as of 08.19.2024<\/p>\n

 <\/p>\n

Dave:<\/strong> though that\u2019s not yet translated into better earnings for publicly-traded smaller companies<\/em><\/p>\n

 <\/p>\n

\"\"Source: Raymond James as of 08.19.2024<\/p>\n

 <\/p>\n

Dave:<\/strong> And while we\u2019re waiting for this earnings gap to narrow and even disappear<\/em><\/p>\n

\u00a0<\/em><\/p>\n

\"\"Source: Raymond James as of 08.19.2024<\/p>\n

 <\/p>\n

John Luke:<\/strong> it\u2019s important to remember that when \u201clarge vs. small\u201d cycles turn they can stick for awhile<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

John Luke:<\/strong> We\u2019ve been fixated on inflation, let\u2019s not forget that growth is what ultimately drives the price of risk assets<\/em><\/p>\n

 <\/p>\n

\"\" Source: Ned Davis as of 08.12.2024<\/p>\n

\u00a0<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

Disclosures<\/strong><\/h5>\n

 <\/p>\n

Past performance is not indicative of future results. This material is not financial advice or an offer to sell any product. The information contained herein should not be considered a recommendation to purchase or sell any particular security. Forward-looking statements cannot be guaranteed.<\/em><\/p>\n

Projections or other forward-looking statements regarding future financial performance of markets are only predictions and actual events or results may differ materially.<\/em><\/p>\n

This commentary offers generalized research, not personalized investment advice. It is for informational purposes only and does not constitute a complete description of our investment services or performance. Nothing in this commentary should be interpreted to state or imply that past results are an indication of future investment returns. All investments involve risk and unless otherwise stated, are not guaranteed. Be sure to consult with an investment & tax professional before implementing any investment strategy. Investing involves risk. Principal loss is possible.<\/em><\/p>\n

Advisory services are offered through Aptus Capital Advisors, LLC, a Registered Investment Adviser registered with the Securities and Exchange Commission. Registration does not imply a certain level or skill or training. More information about the advisor, its investment strategies and objectives, is included in the firm\u2019s Form ADV Part 2, which can be obtained, at no charge, by calling (251) 517-7198. Aptus Capital Advisors, LLC is headquartered in Fairhope, Alabama. ACA-2408-25. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence: Dave: Overall job growth has been modest over the past year, likely somewhere between these two measurements   Source: Raymond James as of 08.22.2024   […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[20,194],"tags":[441,316,168],"class_list":["post-236726","post","type-post","status-publish","format-standard","hentry","category-blog","category-charts","tag-employment","tag-rates","tag-stocks"],"yoast_head":"\nThe Market in Pictures, August 23 - Aptus Capital Advisors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aptuscapitaladvisors.com\/the-market-in-pictures-august-23\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Market in Pictures, August 23 - Aptus Capital Advisors\" \/>\n<meta property=\"og:description\" content=\"Our team looks at a lot of research throughout each day. 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