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The views expressed here regarding market and economic trends are those of Investment Professionals, and are subject to change at any time. These views should not be relied upon as investment advice, as securities recommendations, or as an indication of trading intent on behalf of Pioneer. There is no guarantee that these trends will continue.
This material is not intended to replace the advice of a qualified attorney, tax advisor, investment professional or insurance agent. Before making any financial commitment regarding any issue discussed here, consult with the appropriate professional advisor.
Author Archives: Sam Wardwell
Auto sales were strong in December, dominated by truck and SUV sales, as manufacturing continued to be solid. Unemployment ticked further downward to 5.6% but as a byproduct of lower employment participation. After reaching record levels in December, stocks began … Continue reading
Final Q3 U.S. GDP growth was revised up 5.0% last week, at the fastest pace in 11 years (since Q3 2003). A revision up from 3.9% to 4.3% was expected. Through three quarters of the year – including the weather-impacted … Continue reading
Last week U.S. oil plunged sharply then rebounded to end the week down just 1%. The Russian ruble had an even wilder run for the week ‑ down 25% at one point before recovering. Did oil find a bottom? U.S. … Continue reading
Last week in the capital markets the oil selloff resumed and took the stock market with it. It was bad news for oil bulls, but consumers like lower gasoline prices, auto sales remain strong, and November retail sales beat expectations. Although … Continue reading
On average, December has been good for the U.S. stock market, and this year should be no exception. The U.S. economy remains strong, despite weakness outside the U.S. (more on that below). Solid manufacturing data and an improving labor market … Continue reading