Jeffrey Roach

The U.S. labor market is hot, beating all forecasts in May and recording its strongest performance in recent months. Nonfarm payrolls came in at 339,000 — far surpassing the expected 190,000 — it seems the labor market isn’t showing any signs of weakness. Investors now have one primary...

The U.S. Bureau of Labor Statistics reported a rebound in the Producer Price Index (PPI) for final demand in April, with a month-over-month rise of 0.2%. The increase comes after a revised drop of 0.4% in March and falls short of the expected 0.3% increase. The modest rise is largely attributable...

Despite increases in consumer spending, exports, federal government spending, state and local government spending, and nonresidential fixed investment, the U.S. gross domestic product (GDP) only grew at a 1.1% annualized pace in the first quarter of 2023, falling short of the market's expected...

On Friday morning, the Labor Department reported solid U.S. jobs market numbers from March. The U.S. added 236,000 jobs in March, slightly missing average economist estimates of 240,000 jobs. The unemployment rate fell 0.1% to 3.5%, below economist estimates of 3.6%. Wages were up 4.2% year-over-...

Indecision is writ all over the face of the market despite Wednesday's late-session recovery attempt. Shares of Credit Suisse Group AG (NYSE: CS), which dragged the broader market lower in the previous session, are rebounding strongly after the bank announced mitigatory measures and...

The Labor Department on Tuesday reported a 6% year-over-year increase in the consumer price index (CPI) for February. The SPDR S&P 500 (NYSE: SPY) is moving higher as expectaions for a less aggressive Federal Reserve continue to climb. Four experts laid out their...

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower Friday morning after the Bureau of Economic Analysis reported a 5.4% increase in the personal consumption expenditures (PCE) price index in the month of January, the latest signal the Federal Reserve is struggling to bring down...

The Labor Department on Tuesday reported a 6.4% year-over-year increase in the consumer price index for January. Although Tuesday's print marked the fourth straight lower inflation reading, the SPDR S&P 500 ETF Trust (NYSE: SPY) is sliding as economists fear...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the Labor Department reported blowout U.S. jobs market numbers from January. The U.S. added 517,000 jobs in January, beating average economist estimates of 187,000 jobs. The unemployment rate dropped to 3.4%, below economist...

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower by 0.3% on Friday morning after the Bureau of Economic Analysis (BEA) reported a 5% increase in the personal consumption expenditures (PCE) price index in the month of December, the latest signal that inflation is trending steadily lower....

The U.S. economy grew more than economists had predicted in the fourth quarter, a welcome sign for bullish investors. Two experts were in agreement on how the Federal Reserve will respond to Thursday's print. What Happened: U.S. gross domestic product (GDP) ...

The Labor Department on Thursday reported a 6.5% year-over-year increase in December's consumer price index (CPI). Meanwhile, the SPDR S&P 500 (ARCA: SPY) is volatile as investors shift their attention to how the Federal Reserve will respond. Four experts...

A four-week lagging (and leading) indicator which tracks mid-stage pending housing transactions edged lower in November, marking the sixth-straight month of declines, plummeting near pandemic lows. What Happened: Data issued by the National Association of Realtors (NAR) on Wednesday showed ...

The Labor Department on Tuesday reported a 7.1% year-over-year increase in the November consumer price index. The SPDR S&P 500 (NYSE: SPY) soared on the release before pulling back as investors fixate on the Federal Reserve's next move.  What Happened: The headline CPI...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the U.S. Labor Department reported a 7.4% increase in the producer price index in the month of November, outpacing economist expectations. The PPI climbed 0.3% compared to October, exceeding the 0.2% monthly increase economists...