{"id":237044,"date":"2024-10-11T13:16:12","date_gmt":"2024-10-11T17:16:12","guid":{"rendered":"https:\/\/aptuscapitaladvisors.com\/?p=237044"},"modified":"2024-10-11T15:31:50","modified_gmt":"2024-10-11T19:31:50","slug":"the-market-in-pictures-october-11","status":"publish","type":"post","link":"https:\/\/aptuscapitaladvisors.com\/the-market-in-pictures-october-11\/","title":{"rendered":"The Market in Pictures, October 11"},"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

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

John Luke:<\/strong> The past few years have seen a change in the leading contributors to inflation, first goods and now services<\/em><\/p>\n

 <\/p>\n

\"\"Data as of 10.10.2024<\/p>\n

 <\/p>\n

Brett:<\/strong> with the overall cost of goods now flat year-over-year by government measures<\/em><\/p>\n

 <\/p>\n

\"\"Data as of 10.10.2024<\/p>\n

 <\/p>\n

John Luke:<\/strong> and the \u201csupercore\u201d services components now re-accelerating after hopes this favored FOMC measure would track towards their 2% target<\/em><\/p>\n

 <\/p>\n

\"\"
\nData as of 10.10.2024<\/p>\n

 <\/p>\n

Arch:<\/strong> Homeowners insurance is becoming an acute pain point for consumers, even those away from the most obvious hot spots<\/em><\/p>\n

 <\/p>\n

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

 <\/p>\n

Joseph:<\/strong> though as we\u2019re seeing, there are really no areas completely safe from Mother Nature\u2019s impact<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

Beckham:<\/strong> and the value of those homes being insured has risen dramatically in the past few years\u00a0 <\/em><\/p>\n

 <\/p>\n

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

 <\/p>\n

John Luke:<\/strong> Despite a job market that\u2019s less tight than it was a year or two ago, the employment situation is nowhere near recession levels<\/em><\/p>\n

 <\/p>\n

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

 <\/p>\n

Brad:<\/strong> and general measures that have often driven consumer despair remain at healthy levels<\/em><\/p>\n

 <\/p>\n

\"\"Data as of 10.10.2024<\/p>\n

 <\/p>\n

Brian:<\/strong> but it will be interesting to see what corporations say about the levels of customer demand<\/em><\/p>\n

 <\/p>\n

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

 <\/p>\n

Dave:<\/strong> In typical fashion, Q3 earnings estimates have been falling throughout the quarter<\/em><\/p>\n

 <\/p>\n

\"\"Source: Strategas as of 10.07.2024<\/p>\n

 <\/p>\n

Brad:<\/strong> though that\u2019s not stopping strategists from lifting estimates into 2025 and 2026<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

Joseph:<\/strong> also notable, stocks have a history of rising during this early phase of earnings seasons<\/em><\/p>\n

 <\/p>\n

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

 <\/p>\n

Dave:<\/strong> We\u2019re just about two full years into this bull run, one of the better in recent times<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

Dave:<\/strong> though as we all know, small caps have been a serious laggard in this one<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

John Luke:<\/strong> On the other end of the spectrum, the biggest of the big have had huge gains backed up by business fundamentals<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

Arch:<\/strong> and despite comparisons to the dot-com bubble, those fundamental measures don\u2019t illustrate similar levels of crazy<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

JD:<\/strong> We talk about this a lot; the way to protect against government spending is by owning more risk assets, with guardrails<\/em><\/p>\n

 <\/p>\n

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

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

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

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

\u00a0<\/strong>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-2410-22. <\/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: \u00a0 John Luke: The past few years have seen a change in the leading contributors to inflation, first goods and now services   Data as […]<\/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":[57,504,83,124,276,605],"class_list":["post-237044","post","type-post","status-publish","format-standard","hentry","category-blog","category-charts","tag-fed","tag-homeowners","tag-inflation","tag-jobs","tag-sp-500","tag-supercore"],"yoast_head":"\nThe Market in Pictures, October 11 - 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-october-11\/\" \/>\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, October 11 - Aptus Capital Advisors\" \/>\n<meta property=\"og:description\" content=\"Our team looks at a lot of research throughout each day. 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