By M. Ray Perryman, PhD, CEO and President – The Perryman Group Overview Outlook for the US Economy – 4th Quarter 2022 By M. Ray Perryman, PhD, CEO and President The Perryman Group Employment The United States economy gained 4,419,000 net new jobs over the twelve-month period ending December 2022 for an annual employment growth […]
Read More
Market Recap After a very difficult first half of the year, equity markets rebounded in July and August on investor hopes of an easing in inflation and a Fed pivot or pause. The reprieve was short-lived however, as stocks tumbled to fresh lows in late September amid further aggressive central bank rate hikes and statements […]
Read More
Market Review After a very difficult first half of the year, equity markets rebounded in July and August on investor hopes of an easing in inflation and a Fed pivot or pause. The reprieve was short-lived however, as stocks tumbled to fresh lows in late September amid further aggressive central bank rate hikes and statements […]
Read More
Market Review It’s been an extremely difficult year for investors, with equity markets falling into bear market territory (down more than 20%) and “low-risk” bond markets registering low double-digit losses. Over the past few months, the economic backdrop has worsened with sustained high inflation and slowing growth, as the Federal Reserve and other global central […]
Read MoreBy M. Ray Perryman, PhD, CEO and President – The Perryman Group Overview The United States economy gained 6,469,000 net new jobs over the twelve-month period ending May 2022 for an annual employment growth rate of 4.45%. Over the past year, the arts, entertainment, recreation, accommodation, and food services industries featured both the largest job […]
Read More
Market Recap Over the past few months, the economic backdrop has worsened with sustained high inflation, slowing growth, a tightening Federal Reserve, the continued Russian war on Ukraine, China’s zero-COVID lockdowns….and so on! Given that economic back drop, the stock and bond markets have reflected those challenges with some of the worst starts to a year […]
Read MoreBy M. Ray Perryman, PhD, CEO and President – The Perryman Group Overview The United States economy gained 6,838,000 net new jobs over the twelve-month period ending February 2022 for an annual employment growth rate of 4.81%. Over the past year, the leisure and hospitality industries featured both the largest job gains (2,179,700 net new […]
Read More
Market Recap A lot has happened since our year-end letter, with the biggest macro event being Russia’s brutal invasion of Ukraine. While the human impact has been devastating and tragic, our job here is to focus here on the economic and financial market impact of this event…..and it was a rough first quarter across the […]
Read More
Q1 2022 Was a Historically Challenging Period for Stocks and Bonds Global stocks and US core bonds are both down year to date as markets digest higher inflation, rising interest rates, and geopolitical uncertainty As we’ve discussed for some time, rising inflation and rising interest rates creates challenges for both stocks and bonds, and in […]
Read MoreMarket Recap It’s been another remarkable year for domestic stocks, with large-cap U.S. stocks returning a stunning 28.7% as a handful of large-cap tech stocks dominated the market returns as the average stock struggled. This sector meaningfully outperformed U.S. small-cap stocks which were up 14.8%, developed international stocks up 11.3%, and emerging-market stocks down 2.5% […]
Read More
