Inside the Economy: Jobs, Markets, and Foreign Demand

This week on “Inside the Economy”, we discuss payroll and job openings, market valuations, and foreign demand in U.S. markets. The rate of U.S. job openings has dropped from its post-Covid peak. Is this a negative event or normalization in the job market? In other news, there is a large disparity between the S&P 500 market capitalization as a comparison to the European market. Does this mean the U.S market is overbought? What does this tell us regarding the U.S. dollar as a currency? Additionally, foreign demand has increased in the U.S. market. What securities are foreign investors pouring money into? Tune in to learn more!

 

Key Takeaways:

• 10-year bond yield at 4.25%
• S. Head CPI at 3.2 (YOY)
• Unemployment at 4.0%