Podcasts about dow jones industrial

Stocks tumbled in volatile trading Friday as the U.S.-Israel conflict with Iran showed no sign of abating and oil prices continued their ascent. The Dow Jones Industrial average shed 443.96 points, or 0.96%, ending at 45,577.47. The S&P 500 fell 1.51% and closed at 6,506.48, while the Nasdaq Composite lost 2.01% and settled at 21,647.61. The small-cap Russell 2000 declined more than 2% and slipped into correction territory — that is, a 10% decline from its latest high. At their lows of the day, the Dow and Nasdaq traded in correction territory, but ultimately closed shy of the 10% threshold. SPI down 156 - Gold down - Oil up. Deadline approaches!—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcastJoin Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offerMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. http://bit.ly/mt20-podcastPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. http://bit.ly/mt-principles-podcast—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

Attorney General Pam Bondi took to Capitol Hill with her burn book in hand and a message to Congress, the victims of Jeffrey Epstein and the American people: Shut up, the Dow hit 50,000. She was right about the Dow Jones Industrial performance until the next day, when stocks dumped out on news that AI might be real and that the economy added 400,000 fewer jobs last year than we originally thought. That’s the thing about building an entire narrative around the stock market. The stock market is not the economy. And the victims of Epstein’s crimes deserve better. Resources MS Now: FULL HOUSE HEARING: AG Pam Bondi testifies over handling of release of Epstein files Business Insider: Anthropic and OpenAI release dueling AI models on the same day in an escalating rivalry Fortune: Anthropic’s Claude triggered a trillion-dollar selloff. A new upgrade could make things worse Matt Shumer: Something Big Is Happening Matt Shumer on X U.S. Department of the Treasury: Monthly Treasury Statement: Receipts and Outlays of the United States Government For Fiscal Year 2026 Through January 31, 2026, and Other Periods UNFTR Resources Video: Epstein Victims Deserve Better Than Bondi's Economic Theater -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.Support the show: https://www.unftr.com/membershipsSee omnystudio.com/listener for privacy information.

Investors are awaiting the big jobs report on Wednesday and the consumer price index on Friday, Stocks moved higher with the Dow Jones Industrial Average hitting another all-time high, More on the next seminar Beyond the Noise: Navigating Wealth in Uncertain Times with EP Wealth Advisors CFPStephanie Richman and JD Nathan Rogers at the Don Tatzin Community Hall Lafayette Library March 11th from 6:30pm to 8:30pm

Investors are awaiting the big jobs report on Wednesday and the consumer price index on Friday, Stocks moved higher with the Dow Jones Industrial Average hitting another all-time high, More on the next seminar Beyond the Noise: Navigating Wealth in Uncertain Times with EP Wealth Advisors CFPStephanie Richman and JD Nathan Rogers at the Don Tatzin Community Hall Lafayette Library March 11th from 6:30pm to 8:30pmSee omnystudio.com/listener for privacy information.

Advisors on This Week's Show Kyle Tetting Adam Baley Dave Sandstrom (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Dec. 15-19, 2025) Significant Economic Indicators & Reports Monday No major announcements Tuesday Employers continued to add jobs in November amid signs of a weakening labor market, including the highest unemployment rate in four years. The shutdown-delayed employment report from the Bureau of Labor Statistics showed 64,000 more jobs in November after a 105,000-job decline in October, the third drop in five months. Federal jobs led the October fall as total employment stayed flat since April. Temporary help — considered a harbinger of hiring trends — reached its lowest level outside of the pandemic since 2012, amid recovery from the Great Recession. Because of the 43-day government shutdown, household data was not collected in October and had a higher margin of error in November. That data raised the seasonally adjusted unemployment rate rose to 4.6% in November, the highest since September 2021. The Commerce Department reported no change in retail sales in October. Eight of 13 major categories had higher sales. Decliners were led by car dealers, home-and-garden centers and bars and restaurants. Sales fell at gas stations because of lower prices. Excluding volatile car and gas sales, retailers generated 0.5 % more revenue than in September. About two-thirds of U.S. economic activity is driven by consumer spending, a majority of which is reflected in retail sales. Wednesday No major announcements Thursday The broadest measure of inflation showed a 2.7% annual pace in November. Because of the shutdown, the Bureau of Labor Statistics skipped its October report, the first miss  since 1948, but showed a lower Consumer Price Index increase for the first time since April, when the year-to-year rate was 2.3%. Inflation stayed above the long-range Federal Reserve target of 2% but was down from a four-decade high of 9.1% in June 2022. According to the incomplete report, gas prices were up 11% from the year before and shelter costs rose 3%. Excluding volatile costs for energy and food, the core CPI rose 2.6% from November 2024. The four-week moving average for initial unemployment claims rose for the second week in a row, the Labor Department reported. The gauge of employers' willingness to release workers was 40% below the long-term average and up 5% from the low just before the COVID-19 pandemic. Total jobless claims rose nearly 16% in the latest week to just below 2 million, up almost 2% from the year before. Friday Existing home sales rose 0.5% in November, a third consecutive increase, the National Association of Realtors reported. The annual sales rate of 4.1 million houses and condos was 1% below the year before; 2024 had the lowest sales in 30 years. An economist for the trade association said housing wealth was at an all-time high, so homeowners are in no hurry to list their properties. Low inventory has helped boost prices, rising to a median price of $409,200 in November, a 1.2% gain from the year before and the 29th consecutive increase. The University of Michigan's consumer sentiment index rose marginally in December, though it was 28.5% lower than the year before. Conditions for buying durable goods fell for the fifth month in a row as 63% of consumers surveyed foresaw a continuing rise in unemployment. Inflation expectations fell but remained higher than they were in January. Economists follow consumer sentiment as a leading indicator of consumer spending. Market Closings for the Week Nasdaq – 23286, up 91 points or 0.4% Standard & Poor's 500 – 6837, up 10 points or 0.1% Dow Jones Industrial – 48254, down 204 points or 0.4% 10-year U.S. Treasury Note – 4.15%, down 0.04 point

Advisors on This Week's Show Kyle Tetting Art Rothschild Steve Giles (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Oct. 27-31, 2025) Significant Economic Indicators & Reports Monday An indicator of demand for manufactured products, the Commerce Department's report on durable goods orders, was unavailable because of the federal government shutdown. Tuesday Housing prices continued slowing in August, according to the S&P Cotality Case-Shiller national home price index. The measure showed a 1.5% year-to-year gain in residential prices, the lowest in more than two years and below the overall inflation rate for the fourth straight month. An S&P analyst said the housing market has been trying to find a sustainable equilibrium following its post-pandemic boom. He added, "(H)omeowners are watching their real equity erode while buyers face the dual challenge of elevated prices and high borrowing costs." The Conference Board said its consumer confidence index moved sideways in October. The index dipped slightly from September with lower expectations offsetting consumers' marginally higher opinion of the present situation. The business research group said pessimism about the future continued to suggest an impending recession for the ninth month in a row. Prices and inflation remained the top concerns among survey respondents. Mentions of tariffs declined from earlier surveys but stayed elevated. Some consumers expressed dismay about the federal government shutdown. Wednesday The National Association of Realtors said its pending home sales index was unchanged in September and down 0.9% from the year before. The trade association said lower mortgage rates and increased wealth effect – from record-high stock prices and elevated home values – could not overcome apparent softening in the job market.  The pending sales index remained more than 25% below its 2001 base, which the Realtors consider a normal level of sales activity. As expected, the Federal Open Market Committee lowered short-term lending rates by one quarter of a percentage point for the second time in six weeks. The Federal Reserve Board's policy-making body said continued consideration of slowing labor markets prompted it to loosen monetary control, though it also expressed reluctance to lower rates while inflation stayed above the long-term target of 2%. The September Consumer Price Index showed broad inflation rising at a 3% annual rate, although more complete data reports have been curtailed by the federal government shutdown. Thursday The broadest measure of U.S. economic output, the quarterly report on gross domestic product, was not available from the Bureau of Economic Analysis because of the federal government shutdown. The GDP report includes the Fed's preferred measure of inflation, the personal consumption expenditure index. The Labor Department's report on initial unemployment insurance claims was not available for the fifth week in a row because of the federal government shutdown. Friday The Bureau of Economic Analysis did not release its consumer spending report for September because of the federal government shutdown. Market Closings for the Week Nasdaq – 23725, up 520 points or 2.2% Standard & Poor's 500 – 6840, up 49 points or 0.7% Dow Jones Industrial – 47563, up 356 points or 0.8% 10-year U.S. Treasury Note – 4.10%, down 0.10 point

Este capítulo cuenta con la colaboración de ford.es.El mercado ha alcanzado en las últimas semanas un claro punto de inflexión. Los principales índices norteamericanos han alcanzado ya lo que se conoce como el Techo Deepseek, ese nivel que no es un simple punto técnico, sino que fue el origen de la última gran corrección relevante que se vio en las bolsas en el mes de abril.En aquel momento la excusa que encontraron inversores y analistas fue la imposición de aranceles generalizados para todos y cada uno de los socios comerciales de EEUU. El Nasdaq 100, el Nasdaq Compuesto, el propio S&P 500, ya se han encaramado ese techo. Y, la única nota discordante en Wall Street la pone el Dow Jones Industrial, que todavía se encuentra un 4% de dichos niveles.El alcance de estos niveles, junto con a cercanía en el calendario de la celebración del 4 de julio en EEUU -tradicionalmente, Wall Street ha sabido aguantar el tipo y escalar posiciones hasta la emblemática fiesta del 4 de julio- hace pensar que, "tarde o temprano, cualquier excusa servirá para que llegue la próxima corrección".Así lo entiende el analista técnico Joan Cabrero, quien en el último episodio del podcast Estrategia de Mercado reitera que hay que irse a los cuarteles de verano. "En todas tendencias alcistas hay movimientos intermedios que son bajistas y eso son las correcciones que queremos aprovechar para comprar. Porque para comprar, como siempre digo, hay que vender, eso es un hecho", destaca el experto.En este sentido el experto alude en su comentario estratégico semanal al refranero español, para recordar que prefiere que "el último duro que lo gane otro". Es decir, que como bien decía Sancho Panza en El Quijote, "más vale pájaro en mano que ciento volando", porque en bolsa, a veces conviene recoger antes de que el viento se lleve lo ganado.De hecho, Cabrero asegura en el episodio que es partidario de aprovechar la euforia para reducir bolsa y cuando llegue la corrección comprar de nuevo.Una situación diferente en EuropaEn Europa la partida es diferente. Las bolsas europeas están poniendo a prueba las bases de un canal y una posible bandera que viene acotando la consolidación durante las últimas semanas.No se encenderán las alarmas de corrección mientras el Ibex 35 no pierda los 13.750 puntos y el EuroStoxx 50 se mantenga por encima de los 5.200. Precisamente desde esos soportes, Europa reacciona y eso refuerza su papel como auténtica línea roja: o bien estamos ante la típica consolidación previa al último éxtasis alcista, que he visto mil veces, o ante el inicio de una corrección en toda regla.

Discussing the benefits and challenges of AI can help reduce anxiety around its integration and use. When HR professionals understand the advantages and limitations of AI, they can develop a balanced perspective and in turn, foster collaboration and proactive planning, ensuring that AI is integrated responsibly and ethically.In this special multi-part series: HR in the Age of AI - Opportunities and Obstacles, recorded during the 2025 Philly SHRM Symposium, we got the perspectives from nationally and locally recognized speakers from different industries on the issue of AI and HR. We asked our guests on what HR professionals may need to tackle this technology that has already revolutionized the workplace. First up, we'll talk with bestselling author, CEO and our keynote speaker, Charlene Li. She shares her insights on navigating leadership in the age of AI, emphasizing the importance of critical thinking, curiosity, and imagination.More about Charlene...Charlene is a Bestselling Author, CEO, Harvard Alumnus and Expert in Disruption, Artificial Intelligence and the Future of Work.After earning an M.B.A. from Harvard Business School and an A.B. degree magna cum laude from Harvard College, Charlene has spent the past three decades helping people see the future and thrive through disruption. She has advised executives and boards to recognize the vital truth that companies can't simply innovate in order to stay competitive. They must transform.As a sought-after expert on disruptive transformation, leadership, customer experience, and the future of work, Charlene has worked with hundreds of organizations—ranging from Adobe to Southwest Airlines and 14 of the Dow Jones Industrial 30 companies—to provide her insights to support a winning strategy for disruptive growth and a plan to identify and seize an opportunity no one else has the audacity or confidence to reach for.Business, Engagement, Human Resources, Management, Thought Leadership, Return to work, Inclusion, Hybrid work, phillyshrm.org

After several days of panic in the markets, the Dow Jones Industrial average is rebounding. Why? It seems as if the Liberation Day tariffs may be leading to new trade deals.The market swoon and lack of clarity has put the Trump administration in the wilderness. Is the goal to really bring all trade deficits to zero? Do we want our children screwing together iPhones as a career? Or is this just a set up for Trump to schedule a month long rose garden signing ceremony where world leaders line up single file to welcome American exports?Today, we talk to our logistics expert Big Jim and check in with J.D. Durkin to figure out whether Trump's tariffs mark a shift toward isolation, or just a high-stakes negotiating move. Is this a reset of global trade, or just a pause before the next deal? We're on the clock, because by the time this drops, the whole game might have changed.Chapters00:00:00 - Intro00:02:44 - Interview with Big Jim00:43:02 - Update00:45:09 - Supreme Court Decision Over Alien Enemies Act00:48:30 - June 14th Military Parade00:49:54 - House Democrat Seat Targets00:52:34 - Interview with J.D. Durkin01:35:18 - Wrap-up This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.politicspoliticspolitics.com/subscribe

Here are 3 big things you need to know—   One —  U.S. stock futures are plunging, giving an indication of what could be expected today on Wall Street.  Dow Jones Industrial, S&P 500 and Nasdaq futures all fell roughly four percent Sunday.  The Dow saw back-to-back losses of over 15-hundred points for the first time ever last week, while the S&P took a six-percent drop Friday, the worst since March 2020.    Two ----   President Trump will host Israeli Prime Minister Benjamin Netanyahu at the White House on Monday for talks about new U.S. tariffs.  Trump told reporters aboard Air Force One on Friday that he had invited Netanyahu for discussions.  The talks are also expected to address Israel's war in Gaza.  Netanyahu's visit could mark the first in-person attempt by a foreign leader to try to negotiate a deal on tariffs.   And number three —    Actor Jay North, who played Dennis Mitchell in the in the 1960s sitcom "Dennis the Menace" has died at 73.  North had been fighting cancer for a number of years, passing away at his home in Florida on Sunday.  North also appeared in other shows such as The Man from U.N.C.L.E., Lassie, General Hospital and The Simpsons.

Here are 3 big things you need to know—   One —   U.S. stock futures are on the decline ahead of a new trading week on Wall Street.  Dow Jones Industrial, S&P 500 and Nasdaq futures all fell roughly four percent Sunday.  Things haven't been much better overnight, with Dow futures having lost around 13-points - or more than three percent.  This comes after the Dow saw back-to-back losses of over 15-hundred points for the first time ever last week, while the S&P took a six-percent nosedive Friday, the worst since March 2020.   Two ----   Michigan Attorney General Dana Nessel has joined a coalition of 19 attorneys general in suing President Trump over his executive order on voting restrictions.  The lawsuit was filed in U.S. District Court in Massachusetts and says voting restrictions are not authorized by the U.S. Constitution or by Congress.  Nessel says Trump's order is trying to force state election officials to impose overly burdensome proof of citizenship requirements when people register to vote.    And number three ---- U.S. Attorney General Pam Bondi says that she has received death threats for seeking the death penalty against Luigi Mangione. Mangione, accused of killing the CEO of UnitedHealthCare, has pleaded not guilty to state murder and terrorism charges.  His defense attorney has said the allegations were brought by a lawless Justice Department that is being guided by a political decision to seek the death penalty.    

Episode 462: The Media is breathlessly reporting terrifying news about tariffs, executive orders, DeepSeek and anything else that can be detrimental to the stock market.  But you know what?  The Dow Jones Industrial average is up over 5% year to date.  And better than that, performance is expanding beyond the dozen stocks that had been driving the rally.  So far, the equal weight Tech index is outperforming the NASDAQ by nearly 2x.  Sign up for free ALERTs & Market Commentary at:  https://www.investablewealth.com/subscribe/ ------------------------------------------------------

From peak to valley, the Dow Jones Industrial average fell a little bit more than 3% earlier this month. 

The Dow Jones Industrial average and the S&P 500, pulling back from their recently conquered millennium levels; 44,000 and 6,000. 

The Dow Jones Industrial average setting another new record high. Finishing above 42,800.

In less than a weeks time , The Dow Jones Industrial average has recovered from a 700 point deficit.

The global market disruption. On Monday, leading indices used to gauge the investor market across the globe plunged. In the United States, the S&P 500 slid by 3%, the Dow Jones Industrial average dropped 2.6%, and the Nasdaq Composite index decreased by 3.4%. In Europe, the pan-European Stoxx index fell 1.5%, its worst one-day drop in over a year, while London's FTSE 100 fell 1.8%, its worst one-day performance in nine months. Meanwhile, Japan's Nikkei Stock Average plunged 12.4%, the worst single day for Japan's flagship index since the day after Black Monday in 1987.You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today's “Have a nice day” story ⁠here⁠.You can catch our trailer for the Tangle Live event at City Winery NYC. Full video coming soon!Check out Episode 5 of our podcast series, The Undecideds. Please give us a 5-star rating and leave a comment!Today's clickables: Enjoy the intro! (0:00), Quick hits (1:51), Today's story (3:50) RIght's take (7:13), Left's take (11:12), Isaac's take (15:29), Listener Question (20:28), Under the Radar (22:54), Numbers (23:37), Have a nice day (24:48)You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Help share Tangle.I'm a firm believer that our politics would be a little bit better if everyone were reading balanced news that allows room for debate, disagreement, and multiple perspectives. If you can take 15 seconds to share Tangle with a few friends I'd really appreciate it — just click here and pick some people to email it to!Take the survey: Do you think the U.S. is headed for a recession? Let us know!Our podcast is written by Isaac Saul and edited and engineered by Jon Lall. Music for the podcast was produced by Diet 75. Our newsletter is edited by Managing Editor Ari Weitzman, Will Kaback, Bailey Saul, Sean Brady, and produced in conjunction with Tangle's social media manager Magdalena Bokowa, who also created our logo. Hosted on Acast. See acast.com/privacy for more information.

Former State & Federal Prosecutor David Weinstein's analysis of Michael Cohen's cross-examination. ABC News Contributor & Investopedia Editor-In-Chief Caleb Silver's insight into the Dow Jones Industrial hitting 40,000 points. ABC News Correspondent Jordana Miller is live in Jerusalem with the latest on the conflict between Israel and Gaza.

  Landaas & Company newsletter  April edition now available. Advisors on This Week's Show Kyle Tetting Adam Baley Mike Hoelzl (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (April 15-19, 2024) Significant Economic Indicators & Reports No major announcements Monday In a further sign of economic resilience, consumers continued spending at stores in March with retail sales advancing 0.7% from February. The Commerce Department reported that 8 of 13 major categories had sales increases in March, including a 2.7% gain for online retailers and a 2.1% rise for gas stations, where sales increased in part because of higher prices. Sales at car dealers declined 1.1%. Furniture stores, appliance centers and sporting goods retailers also suffered setbacks. Sales at bars and restaurants increased by 0.4%, suggesting consumers remain comfortable spending. Adjusted for inflation, retail sales rose 0.3%, a second consecutive gain. Tuesday The U.S. housing market continued to suggest weakness in March as the pace for both housing starts and building permits stayed below pre-pandemic levels. Figures from the Commerce Department showed new construction about 25% below its pace in mid-2022. The pace of housing permits, an indicator of commitments to future homebuilding, also continued to hover lower following interest rate boosts by the Federal Reserve two years ago. But both permits and starts remained at levels on par with 2007, before the Great Recession. Meantime, data showed that the rate of houses under construction stayed near record highs, with completions around their fastest pace in 17 years. Increased automotive manufacturing in March helped boost U.S. industrial production by 0.4% in March. The Federal Reserve reported that industrial output rose at the same pace as in February and was unchanged from the year before. Through the first quarter of 2024, industrial production declined at a 1.8% annual rate led by a 12% drop in mining output. The same report showed the capacity utilization rate, a measure of potential inflation pressure, rising for the second month in a row, though it stayed below the long-time average. Wednesday No major announcements Thursday The four-week moving average for initial unemployment claims was unchanged for the second week in a row, staying 41% under the long-term average, dating to 1967. The measure of employers' reluctance to let workers go continued to indicate a tight labor market. According to Labor Department data, total jobless claims fell to 1.9 million in the latest week, down less than 1% from the week before, though up nearly 7% from the year before. The annual pace of existing home sales sank 4.3% in March, its first setback in four months, dropping 3.7% behind its year-ago rate. The National Association of Realtors said sales have been stagnating because of high interest rates and ongoing low supplies of inventory. The trade group said the median sales price rose 4.8% from the March 2023 to $393,500, the ninth consecutive increase. The Conference Board reported that its index of leading economic indicators declined 0.3% in March, after a slight gain in February. The business research group said the six-month movement of its index contracted at a slower pace. It suggested the U.S. economic outlook was “fragile – even if not recessionary.” Among the challenges ahead, according to the group, are rising consumer debt, higher interest rates and stubbornly elevated inflation rates. Friday No major announcements MARKET CLOSINGS FOR THE WEEK Nasdaq – 15282, down 893 points or 5.5% Standard & Poor's 500 – 4967, down 156 points or 3.0% Dow Jones Industrial – 37986, up 3 points or 0.0% 10-year U.S. Treasury Note – 4.62%, up 0.12 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter.

  Landaas & Company newsletter  April edition now available. Advisors on This Week's Show Kyle Tetting Art Rothschild Mike Hoelzl (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (April 8-12, 2024) Significant Economic Indicators & Reports Monday No major announcements Tuesday No major announcements Wednesday Overall inflation continued to stall in March, staying above the Federal Reserve's long-term target. The Consumer Price Index, the broadest measure of inflation, rose to a 3.5% year-to-year rate, bouncing higher for the second month in a row after falling from as high as 9.1% in June 2022. The Bureau of Labor Statistics said increased costs for shelter, gasoline and car insurance contributed to faster inflation, keeping it above the Fed's long-range target of 2%. A core measure of CPI, which excluded volatile food and energy prices, stayed at a year-to-year rate of 3.8% for the second month in a row. Thursday Inflation on the wholesale level rose in March with the Producer Price Index gaining 0.2%, only one-third of the advance in February. The Bureau of Labor Statistics said the index rose 2.1% from March 2023, the fastest 12-month pace in 11 months. Costs for services increased while goods prices declined overall, led by gasoline. The core Producer Price Index – excluding volatile prices for energy, food and trade services – rose 0.2% from February and was up 2.8% from the year before, on par with the yearly rate since May. The four-week moving average for initial unemployment claims dipped for the second time in three weeks, reaching 42% below the long-term average since 1967. The measure of employers' reluctance to let workers go was 3% above its level just before the COVID-19 pandemic, according to data from the Labor Department. Altogether, just under 2 million Americans claimed jobless benefits in the most recent week, down 3.6% from the week before but up 5% from the same time last year. Friday A preliminary April reading of consumer sentiment shows Americans have registered little change since January. The survey-based index from the University of Michigan has been midway between an all-time low in mid-2022 and the optimism level just before the pandemic four years ago. Surveys showed a slight increase in expectations for inflation, which the university said might suggest some frustration with an apparent stalling in the slowdown of inflation. MARKET CLOSINGS FOR THE WEEK Nasdaq – 16175, down 73 points or 0.5% Standard & Poor's 500 – 5123, down 81 points or 1.6% Dow Jones Industrial – 37984, down 920 points or 2.4% 10-year U.S. Treasury Note – 4.50%, up 0.12 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  March edition now available. Advisors on This Week's Show Kyle Tetting Art Rothschild Kendall Bauer (with Jason Scuglik, Joel Dresang) Week in Review (March 18-22, 2024) Significant Economic Indicators & Reports Monday No major announcements Tuesday The pace of housing starts rose 11% in February, and it was up 6% from the year before, the Commerce Department and Department of Housing and Urban Development reported. Permits for new housing also increased at a seasonally adjusted annual rate, especially for single-family residences. Amid longstanding low inventories of housing units, the rate at which new houses are being completed is finally reaching levels not seen since before the Great Recession. Also, housing under construction has been hovering at record paces, according to data going back to 1970. Wednesday No major announcements Thursday The four-week moving average for initial unemployment claims rose for the second week in a row but stayed 42% below the 57-year average, according to new data from the Labor Department. The moving average, an indicator of employers' reluctance to let workers go, continued to suggest strength in the labor market. Total claims rose 0.2% from the week before to 1.8 million, which was up 8% from the same time in 2023. The annual rate of existing home sales rose 9.5% to nearly 4.4 million in February, which was still 3% slower than the year before. The National Association of Realtors said demand for housing continued to be strong while inventory improved nearly 6% from January. Still, supply remained historically record low, with 2.9 months' worth of houses available at February's sales rate. The median sales price was $384,500, up almost 6% from the year before, the eight increase in a row. The Conference Board's index of leading economic indicators rose 0.1% in February, its first gain in two years, led by increases in factory hours, stock prices and residential construction. The business research group said its index declined 2.6% since August, an improvement from a 3.8% decline in the previous six months. The group also warned that higher interest rates and rising consumer debt posed threats to continued personal spending, which drives about two-thirds of U.S. economic growth. Friday No major announcements MARKET CLOSINGS FOR THE WEEK Nasdaq – 16429, up 456 points or 2.9% Standard & Poor's 500 – 5234, up 117 points or 2.3% Dow Jones Industrial – 39475, up 761 points or 2.0% 10-year U.S. Treasury Note – 4.22%, down 0.09 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  March edition now available. Advisors on This Week's Show Kyle Tetting Dave Sandstrom Kendall Bauer (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (March 11-15, 2024) SIGNIFICANT ECONOMIC INDICATORS & REPORTS Monday No major announcements Tuesday The broadest measure of inflation nudged up narrowly in February, reinforcing sentiment that it's too soon for the Federal Reserve to start cutting interest rates. The Bureau of Labor Statistics reported the Consumer Price Index rose 3.2% from February 2023, unadjusted for inflation. That was up from 3.1% in January but down from a four-decade high of 9.1% in 2022. Higher prices for gasoline and shelter accounted for 60% of the CPI's one-month gain of 0.4%, which was the highest since September. The core CPI, excluding volatile food and energy costs, was up 3.8% from the year before, the smallest 12-month rise in almost three years. Wednesday No major announcements Thursday Wholesale inflation ticked up in February, led by higher energy prices. The Bureau of Labor Statistics said its Producer Price Index rose 0.6% from January, the largest advance since August. Excluding volatile prices for food, energy and trade services, the core PPI rose 0.4%, down from a 0.6% increase in January. Year to year, the headline PPI rose 1.6% in February, the highest rate in five months. The Commerce Department said retail sales gained 0.6% in February, only the second gain in five months, but another sign that consumers are keeping the economy growing. Car dealers, gas stations, home-and-garden centers and appliance stores led the list of retailers reviving sales from a 1.1% decline in January. The sales represent most of the consumer spending that accounts for about two-thirds of U.S. economic activity. Adjusted for inflation, retail sales advanced in February for the first time in five months. The four-week moving average for initial unemployment claims fell for the fourth week in a row, dipping 43% below the 57-year average. Data from the Labor Department continued to suggest a tight job market in which employers are reluctant to let workers go. Some 2.1 million individuals were receiving jobless benefits in the latest week, up 1% from the week before and up 7.2% from the year before. Friday U.S. industrial production rose 0.1% in February after weather-related declines January. The gain was the first in three months, according to the Federal Reserve. Compared to the year before, output was down 0.2%. Manufacturing production advanced 0.8% from January and was down 0.7% from February 2023. Capacity utilization, considered a leading indicator of inflation, remained at 78.3% in February, below the long-term average for the 10th month in a row. The University of Michigan said consumer sentiment essentially was on hold pending the November election. The preliminary measure of expectations in March was little changed from February, putting it midway between historic lows during the inflation peaks of 2022 and the level of sentiment just before the COVID-19 pandemic. Economists rely on sentiment as an indicator of consumers' appetite for spending. MARKET CLOSINGS FOR THE WEEK Nasdaq – 15973, down 112 points or 0.7% Standard & Poor's 500 – 5117, down 7 points or 0.1% Dow Jones Industrial – 38715, down 8 points or 0.0% 10-year U.S. Treasury Note – 4.30%, up 0.22 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

February delivered balanced performances among the major market indexes:The Russell 3000, S&P 500, Nasdaq & Dow Jones Industrial. 

  Landaas & Company newsletter  February edition now available. Advisors on This Week's Show Kyle Tetting Tom Pappenfus (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Feb. 19-23, 2024) Significant Economic Indicators & Reports Monday Markets closed for Presidents Day Tuesday The Conference Board is no longer forecasting a recession for 2024 but says it expects next to no growth in the U.S. economy in the middle half of the year. The business research group said its index of leading economic indicators declined by 0.4% in January, double the dip in December. But the latest six-month read of the index fell 3%, compared to a decline of 4.1% in the prior six months. Also – for the first time in two years – more than half of the index's components were positive for the six-month period. Wednesday No major releases Thursday The four-week moving average for initial unemployment insurance claims declined for the first time in four weeks, remaining 41% below the 57-year average, according to new Labor Department data. Nearly 2.2 million Americans claimed jobless benefits in the latest week, up 0.5% from the week before and up 9.6% from the same time in 2023. The National Association of Realtors heralded a rise in existing home sales in January as the beginning of a comeback for housing. The annual rate of unit sales rose 3.1% from the pace in December with a 2% increase in inventory and the seventh consecutive year-to-year gain in prices. Home sales ended 2023 at the lowest level in about three decades, but mortgage rates have declined since peaking in October. The supply of houses for sale remained below their level in January 2023. The median sale price was the highest ever for January: $379,100. Friday No major releases MARKET CLOSINGS FOR THE WEEK Nasdaq – 15997, up 221 points or 1.4% Standard & Poor's 500 – 5089, up 83 points or 1.7% Dow Jones Industrial – 39132, up 504 points or 1.3% 10-year U.S. Treasury Note – 4.26%, down 0.04 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

The Rich Zeoli Show- Full Episode (02/13/2024): 3:05pm- On Tuesday, former Hunter Biden business associate Tony Bobulinski testified in a closed-door hearing before the House Oversight and Judiciary Committees. In his opening statement, which has been made public, Bobulinski explains: “from my direct personal experience and what I have subsequently come to learn, it is clear to me that Joe Biden was "the Brand" being sold by the Biden family. His family's foreign influence peddling operation—from China to Ukraine and elsewhere—sold out to foreign actors who were seeking to gain influence and access to Joe Biden and the United States government. Joe Biden was more than a participant in and beneficiary of his family's business; he was an enabler, despite being buffered by a complex scheme to maintain plausible deniability. The only reason any of these international business transactions took place—with tens of millions of dollars flowing directly to the Biden family—was because Joe Biden was in high office.” 3:20pm- Karoun Demirjian of The New York Times writes: “The Senate passed a long-awaited foreign aid package for Ukraine and Israel early Tuesday morning, delivering a bipartisan endorsement of the legislation after months of negotiations, dire battlefield warnings and political mudslinging. But the measure faced a buzz saw of opposition in the House, where Republican resistance threatened to kill it. The 70-to-29 vote reflected a critical mass of support in Congress for the $95 billion emergency aid legislation and for continuing to arm Ukraine in its fight against Russian aggression. The measure would provide an additional $60.1 billion for Kyiv—which would bring the total U.S. investment in the war effort to more than $170 billion—as well as $14.1 billion for Israel's war against Hamas and almost $10 billion for humanitarian aid for civilians in conflict zones, including Palestinians in Gaza.” But will Speaker of the House Mike Johnson hold a vote on the bill in the Republican-controlled House? Demirkian explains: “Mr. Johnson controls the floor and right-wing lawmakers have shown a willingness to block legislation they oppose from even coming up for a vote. Still, if proponents can muster enough support from Democrats and mainstream and national security-minded Republicans willing to buck [Donald] Trump and the far right, they could steer around the opposition through a maneuver known as a discharge petition. That allows lawmakers to force legislation to the floor if they can gather the signatures of a majority of the House—218 members—calling for the action.” You can read the full article here: https://www.nytimes.com/2024/02/12/us/politics/senate-ukraine-aid.html 3:35pm- During a speech delivered from the White House, President Joe Biden called on the House of Representatives to pass a bill that would provide $95 billion in foreign aid for Ukraine, Israel, and provide humanitarian assistance to Palestinians. The Senate passed the bill 70 to 29 on Tuesday morning. Biden accused Republican presidential candidate Donald Trump of having “bowed down” to Russian dictator Vladimir Putin and claimed Trump wanted to withdraw from the North Atlantic Treaty Organization (NATO). 3:40pm- During a campaign rally in Conway, South Carolina, Republican presidential candidate Donald Trump called on all NATO members to pay 2% of their annual gross domestic product in joint defense. Currently, 20 of the 31 alliance members meet the threshold they've pledged to contribute. Trump said: “one of the presidents of a big country stood up and said, ‘well sir, if we don't pay and we are attacked by Russia will you protect us?' I said, ‘you didn't pay? You're delinquent?...no, I would not protect you.'” In response, Democrats have claimed that Trump is a threat to European allies, claiming if elected he will have the United States leave NATO. However, as Annie Linskey, Aaron Zitner, and Alex Leary of The Wall Street Journal note, “last year, Congress included an amendment offered by Sens. Tim Kaine (D-VA), and Marco Rubio (R-FL), in the annual defense-policy bill that requires the advice and consent of the Senate or an act of Congress before any president could ‘suspend, terminate, or withdraw' U.S. membership in NATO. The language sets a high threshold—two-thirds of all senators—to approve a withdrawal and bars any funding from being used to support such a move by any government official. It became law when Biden signed the fiscal year 2024 National Defense Authorization Act in late December.” You can read the Wall Street Journal article here: https://www.wsj.com/politics/elections/nato-leader-blasts-trumps-suggestion-he-would-encourage-russian-invasion-of-u-s-allies-3eb96a10?mod=hp_lead_pos9 3:50pm- CBS News correspondent Catherine Herridge has been laid off—one of approximately 800 employees at Paramount who were let go on Tuesday. Alexandra Steigrad of The New York Post wrote: “Insiders said Herridge had clashed with CBS News president Ingrid Ciprian-Matthews—a sharp-elbowed executive who was investigated in 2021 over favoritism and discriminatory hiring and management practices.” You can read more here: https://nypost.com/2024/02/13/media/bloodbath-at-cbs-news-includes-reporter-fighting-first-amendment-case/ 4:05pm- On Tuesday, former Hunter Biden business associate Tony Bobulinski testified in a closed-door hearing before the House Oversight and Judiciary Committees. In his opening statement, which has been made public, Bobulinski explains: “from my direct personal experience and what I have subsequently come to learn, it is clear to me that Joe Biden was "the Brand" being sold by the Biden family. His family's foreign influence peddling operation—from China to Ukraine and elsewhere—sold out to foreign actors who were seeking to gain influence and access to Joe Biden and the United States government. Joe Biden was more than a participant in and beneficiary of his family's business; he was an enabler, despite being buffered by a complex scheme to maintain plausible deniability. The only reason any of these international business transactions took place—with tens of millions of dollars flowing directly to the Biden family—was because Joe Biden was in high office.” 4:10pm- Sen. John Fetterman (D-PA) referred to his colleague Sen. Rand Paul (R-KY) as a “prick” for delaying a vote on a controversial foreign aid bill. 4:15pm- Health officials have identified a case of the bubonic plague in a person residing in Oregon. An investigation concluded the individual was likely infected by a house cat. Meanwhile, evolutionary biologists at Princeton University have found that wolves in Chernobyl—the location of a catastrophic nuclear meltdown in 1986—may have developed a resistance to cancer. So, do mutant Chernobyl wolves make for better pets than house cats? The evidence seems clear. 4:30pm- Dr. EJ Antoni—Economist & Research Fellow in The Heritage Foundation's Grover M. Hermann Center for the Federal Budget—joins The Rich Zeoli Show to breakdown January's inflation report which reveals consumer prices rose 3.1% year-to-year, higher than the 2.9% that economists had forecasted. As a consequence of this month's inflation report, the Dow Jones Industrial average fell 524.63 points—the Dow's worst day since March of last year. 4:50pm- On Tuesday, the New York special election to fill former U.S. Representative George Santos' vacant Congressional seat. Last year, Santos became the sixth congressman in U.S. history to be expelled from the House of Representatives. The House voted 311 to 114 in favor of removing him following numerous allegations of lying about his background and a 23-count indictment that includes allegations he “repeatedly, without authorization” charged donor credit cards—depositing funds into his own bank account. Though, he has not yet been found guilty of any crimes. Republicans currently hold a majority in the House—219 to 212 with 4 vacancies. 5:05pm- On Tuesday, former Hunter Biden business associate Tony Bobulinski testified in a closed-door hearing before the House Oversight and Judiciary Committees. In his opening statement, which has been made public, Bobulinski explains: “from my direct personal experience and what I have subsequently come to learn, it is clear to me that Joe Biden was "the Brand" being sold by the Biden family. His family's foreign influence peddling operation—from China to Ukraine and elsewhere—sold out to foreign actors who were seeking to gain influence and access to Joe Biden and the United States government. Joe Biden was more than a participant in and beneficiary of his family's business; he was an enabler, despite being buffered by a complex scheme to maintain plausible deniability. The only reason any of these international business transactions took place—with tens of millions of dollars flowing directly to the Biden family—was because Joe Biden was in high office.” 5:20pm- While speaking with the press, Senate Majority Leader Chuck Schumer claimed it was “right-wing propaganda” to say President Joe Biden's memory is deteriorating. However, last week, Special Counsel Robert Hur recommended that the Department of Justice not prosecute President Biden for mishandling classified documents because of the president's poor recollection and fading memory. 5:25pm- On HBO's Real Time, host Bill Maher called out numerous celebrities for threatening to leave the U.S. if Donald Trump is reelected president in 2024. Maher reminds his audience that singer Miley Cyrus, comedian George Lopez, and comedian Eddie Griffin all threatened to flee America prior to Trump's 2016 election—and yet, none of them ever left. 5:30pm- Libs of TikTok recently tweeted courtroom footage of the most bizarre lawsuit in recent memory. A transgender woman is suing his boyfriend for the return of his testicles—which had been stored in the couple's shared refrigerator. How is this story real? 5:40pm- In a 2021 video released by Senior Fellow at the Manhattan Institute Christopher Rufo, Disney CEO Bob Iger—who at the time was Executive Chairman of Disney—vowed to make the company more political following the riot at the U.S. Capitol on January 6th. 5:50pm- According to a new report from Michael Shellenberger, Matt Taibbi, and Alex Gutentag, “the United States Intelligence Community (IC), including the Central Intelligence Agency (CIA), illegally mobilized foreign intelligence agencies to target Trump advisors long before the summer of 2016.” You can read more here: https://public.substack.com/p/cia-had-foreign-allies-spy-on-trump 6:05pm- Karoun Demirjian of The New York Times writes: “The Senate passed a long-awaited foreign aid package for Ukraine and Israel early Tuesday morning, delivering a bipartisan endorsement of the legislation after months of negotiations, dire battlefield warnings and political mudslinging. But the measure faced a buzz saw of opposition in the House, where Republican resistance threatened to kill it. The 70-to-29 vote reflected a critical mass of support in Congress for the $95 billion emergency aid legislation and for continuing to arm Ukraine in its fight against Russian aggression. The measure would provide an additional $60.1 billion for Kyiv—which would bring the total U.S. investment in the war effort to more than $170 billion—as well as $14.1 billion for Israel's war against Hamas and almost $10 billion for humanitarian aid for civilians in conflict zones, including Palestinians in Gaza.” But will Speaker of the House Mike Johnson hold a vote on the bill in the Republican-controlled House? Demirkian explains: “Mr. Johnson controls the floor and right-wing lawmakers have shown a willingness to block legislation they oppose from even coming up for a vote. Still, if proponents can muster enough support from Democrats and mainstream and national security-minded Republicans willing to buck [Donald] Trump and the far right, they could steer around the opposition through a maneuver known as a discharge petition. That allows lawmakers to force legislation to the floor if they can gather the signatures of a majority of the House—218 members—calling for the action.” You can read the full article here: https://www.nytimes.com/2024/02/12/us/politics/senate-ukraine-aid.html 6:10pm- Sen. John Fetterman (D-PA) referred to his colleague Sen. Rand Paul (R-KY) as a “prick” for delaying a vote on a controversial foreign aid bill. 6:15pm- During a campaign rally in Conway, South Carolina, Republican presidential candidate Donald Trump called on all NATO members to pay 2% of their annual gross domestic product in joint defense. Currently, 20 of the 31 alliance members meet the threshold they've pledged to contribute. Trump said: “one of the presidents of a big country stood up and said, ‘well sir, if we don't pay and we are attacked by Russia will you protect us?' I said, ‘you didn't pay? You're delinquent?...no, I would not protect you.'” In response, Democrats have claimed that Trump is a threat to European allies, claiming if elected he will have the United States leave NATO. However, as Annie Linskey, Aaron Zitner, and Alex Leary of The Wall Street Journal note, “last year, Congress included an amendment offered by Sens. Tim Kaine (D-VA), and Marco Rubio (R-FL), in the annual defense-policy bill that requires the advice and consent of the Senate or an act of Congress before any president could ‘suspend, terminate, or withdraw' U.S. membership in NATO. The language sets a high threshold—two-thirds of all senators—to approve a withdrawal and bars any funding from being used to support such a move by any government official. It became law when Biden signed the fiscal year 2024 National Defense Authorization Act in late December.” You can read the Wall Street Journal article here: https://www.wsj.com/politics/elections/nato-leader-blasts-trumps-suggestion-he-would-encourage-russian-invasion-of-u-s-allies-3eb96a10?mod=hp_lead_pos9 6:30pm- In a video posted to social media, Senator Elizabeth Warren blamed corporate greed for “shrinkflation”—explicitly calling out Doritos for reducing the number of chips in their bags without reducing prices. But as Dominic Pino of National Review notes, there is no grand Doritos conspiracy: “Chip bags are measured by weight, not by volume. Nitrogen is essentially weightless, so putting more nitrogen in the bag does not allow chip companies to reduce the amount of chips. When companies reduce the amount of chips, they do so straightforwardly, by changing the weight listed on the bags.” You can read more here: https://www.nationalreview.com/corner/the-president-complains-about-chip-bags/ 6:40pm- On Tuesday night, the House of Representatives is expected to hold a vote to impeach Department of Homeland Security Secretary Alejandro Mayorkas for willfully refusing to secure the U.S. Southern border. 

The Rich Zeoli Show- Hour 2: On Tuesday, former Hunter Biden business associate Tony Bobulinski testified in a closed-door hearing before the House Oversight and Judiciary Committees. In his opening statement, which has been made public, Bobulinski explains: “from my direct personal experience and what I have subsequently come to learn, it is clear to me that Joe Biden was "the Brand" being sold by the Biden family. His family's foreign influence peddling operation—from China to Ukraine and elsewhere—sold out to foreign actors who were seeking to gain influence and access to Joe Biden and the United States government. Joe Biden was more than a participant in and beneficiary of his family's business; he was an enabler, despite being buffered by a complex scheme to maintain plausible deniability. The only reason any of these international business transactions took place—with tens of millions of dollars flowing directly to the Biden family—was because Joe Biden was in high office.” Sen. John Fetterman (D-PA) referred to his colleague Sen. Rand Paul (R-KY) as a “prick” for delaying a vote on a controversial foreign aid bill. Health officials have identified a case of the bubonic plague in a person residing in Oregon. An investigation concluded the individual was likely infected by a house cat. Meanwhile, evolutionary biologists at Princeton University have found that wolves in Chernobyl—the location of a catastrophic nuclear meltdown in 1986—may have developed a resistance to cancer. So, do mutant Chernobyl wolves make for better pets than house cats? The evidence seems clear. Dr. EJ Antoni—Economist & Research Fellow in The Heritage Foundation's Grover M. Hermann Center for the Federal Budget—joins The Rich Zeoli Show to breakdown January's inflation report which reveals consumer prices rose 3.1% year-to-year, higher than the 2.9% that economists had forecasted. As a consequence of this month's inflation report, the Dow Jones Industrial average fell 524.63 points—the Dow's worst day since March of last year. On Tuesday, the New York special election to fill former U.S. Representative George Santos' vacant Congressional seat. Last year, Santos became the sixth congressman in U.S. history to be expelled from the House of Representatives. The House voted 311 to 114 in favor of removing him following numerous allegations of lying about his background and a 23-count indictment that includes allegations he “repeatedly, without authorization” charged donor credit cards—depositing funds into his own bank account. Though, he has not yet been found guilty of any crimes. Republicans currently hold a majority in the House—219 to 212 with 4 vacancies.

  Landaas & Company newsletter  February edition now available. Advisors on This Week's Show Kyle Tetting Steve Giles Tom Pappenfus (with Max Hoelzl and Joel Dresang) Week in Review (Feb. 5-9, 2024) Significant Economic Indicators & Reports Monday The largest segment of the U.S. economy showed continued expansion in January with the Institute for Supply Management's service index reaching its highest level since September. Based on surveys with supply managers, the index signaled growth for the 13th month in a row. Among the highlights were faster growth in new orders, employment and supplier deliveries. The trade group said supply managers reported steady business and were optimistic because of potential interest rate cuts from the Federal Reserve. Executives also expressed caution about inflation and geopolitical conflicts. Tuesday No major releases Wednesday The U.S. trade deficit narrowed in 2023 from a record high in 2022, as the value of imports declined. The Bureau of Economic Analysis reported that the 2023 trade gap was $773.4 billion, down 18% from the year before. Exports grew 1.2% in the year while imports fell 3.6%. Trade deficits detract from economic output, as measured by the gross domestic product. For the year, Mexico ranked first in imports to the U.S., displacing China for the first time in 20 years. The Federal Reserve reported a slower increase in consumer credit card debt outstanding in December. So-called revolving credit debt rose at a 1% annual rate in December, the 31st gain in 32 months - and the slightest advance in that period. For the fourth quarter, credit card debt rose at a 6.8% annual rate, down from 10.1% in the third quarter. Economists look at credit card debt as a sign of consumer confidence. Consumer spending accounts for about two-thirds of U.S. economic activity. Thursday The four-week moving average for initial unemployment claims rose for the second week in a row, although it still reflected a historically tight hiring market. Data from the Labor Department showed the latest four-week average was 42% below the all-time average, dating back to 1967. As an early measure of layoff trends, new jobless claims have suggested employers' reluctance to let workers. Total claims rose 6% from the week before to 2.2 million, which was 14% higher than the year before. Friday No major releases MARKET CLOSINGS FOR THE WEEK Nasdaq – 15991, up 362 points or 2.3% Standard & Poor's 500 – 5027, up 68 points or 1.4% Dow Jones Industrial – 38671, up 17 points or 0.0% 10-year U.S. Treasury Note – 4.19%, up 0.15 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  February edition now available. Advisors on This Week's Show Kyle Tetting Adam Baley Mike Hoelzl (with Max Hoelzl, engineered by Jason Scuglik) MARKET CLOSINGS FOR THE WEEK Nasdaq – 15629, up 174 points or 1.1% Standard & Poor's 500 – 4959, up 68 points or 1.4% Dow Jones Industrial – 38655, up 545 points or 1.4% 10-year U.S. Treasury Note – 4.03%, down 0.13 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  February edition now available. Advisors on This Week's Show Kyle Tetting Steve Giles Kendall Bauer (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Jan. 22-26) Significant Economic Indicators & Reports Monday The Conference Board said its index of leading economic indicators declined slightly in December, continuing to suggest a pending recession. The business research group said its gauge fell 0.1% from November, following a 0.5% drop from October. Over the last half of 2023, the index fell 2.9%, improving from a 4.3% decline in the first six months of the year. Of 10 leading indicators, six were positive, the organization said, but they were offset by weaker manufacturing, high interest rates and low consumer confidence. The Conference Board forecast a recession for the second and third quarters of 2024, with a revival toward the end of the year. Tuesday No major releases Wednesday No major releases Thursday The Commerce Department said durable goods orders were unchanged in December, following a 5.5% gain in November. Compared to the year before, long-lasting factory orders were up 4.4%, with aircraft accounting for the bulk of the increase. Excluding transportation equipment, orders rose just 0.8% from the end of 2022. A proxy for business investment gained 0.3% from November and was up 1.7% from December 2022. The U.S. economy rose at an annual pace of 3.3% in the fourth quarter, down from 4.9% in the previous three months. The Bureau of Economic Analysis said the deceleration in gross domestic product was led by consumer spending, which slowed to a 2.8% annual rate from 3.1% in the third quarter. Also slowing: Inventories, federal spending and residential spending. Compared to the fourth quarter of 2022, GDP rose 3.1%, the strongest showing in seven quarters. The four-week moving average for initial unemployment claims fell to its lowest level since January. The average was 45% below the all-time average dating back to 1967. The Labor Department said 1.8 million Americans claimed jobless benefits in the latest week, up 0.8% from the week before and 11% higher than the same time in 2022. The Commerce Department reported an 8% gain in the annual rate of new home sales in December. Sales were up 4% from the year before and just below where they were heading into the COVID-19 pandemic. The median sales price dropped 14% from the year before to $413,200. In 2023, 53% of new homes were sold at $400,000 or more, compared to 63% in 2022. Friday The Bureau of Economic Analysis said consumer spending jumped 0.7% in December, more than double the 0.3% increase in personal income. Adjusted for inflation, spending rose 0.5% from November. Consumer spending accounts for about two-thirds of gross domestic product, so the gain was another sign of resilience amid the highest interest rates in a couple of decades. The personal consumption expenditures index, which the Federal Reserve Board follows for inflation, rose 2.6% from December 2022, the slightest incline since February 2021, which was the last time the rate was below the Fed's 2% long-term target. The rate reached a 40-year high exceeding 7% in June 2022. An early indicator of home sales increased in December. The National Association of Realtors' index of pending home sales rose 8.3% from November and was up 1.3% from December 2022. The trade group said more home buyers have begun turning to the relatively larger stock of new homes for sale amid chronic shortages of existing houses. The group said an easing in mortgage rates since peaking in November also has encouraged potential home buyers. The Realtors forecast a 13% gain in annual home sales in 2024. MARKET CLOSINGS FOR THE WEEK Nasdaq – 15455, up 144 points or 0.9% Standard & Poor's 500 – 4891, up 51 points or 1.1% Dow Jones Industrial – 38109, up 246 points or 0.6% 10-year U.S. Treasury Note – 4.16%,

  Landaas & Company newsletter  January edition now available. Advisors on This Week's Show Kyle Tetting Dave Sandstrom John Sandstrom (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Jan. 15-19, 2024) Significant Economic Indicators & Reports Monday Markets closed in observance of Martin Luther King Jr. Day Tuesday No major announcements Wednesday The Commerce Department said retail sales rose 0.6% in December for the eighth increase in nine months, another indication of consumers' persistent spending. The gain was widespread, with nine of 13 retail categories advancing, led by car dealers and online retailers. Gas station sales fell because of lower prices. Compared to the end of 2022, total retail sales rose nearly 6%, with 10 of 13 categories gaining, led by bars and restaurants. Adjusting for inflation, retail sales were up 2.2% since December 2022. Industrial production increased in December for the first time in three months as automakers boosted manufacturing output. The Federal Reserve Board said production from factories, mines and utilities rose 0.1% from November, advancing 1% from December 2022. Manufacturing production gained for the second month in a row and was up 1.2% from the year before. For the fourth quarter, total output fell at an annual rate of 3.1%. Factory output dropped at a 0.3% pace for the quarter, but it would have been a 2.2% decline if not for automakers. Industries' capacity utilization rate – an inflation indicator – sank for the third month in a row, staying below its 50-year average for the eighth consecutive month. Thursday The pace of U.S. housing starts slowed while building permits rose in December. The Commerce Department said the annual rate of new construction dipped 4% from November, though it was nearly 8% ahead of the year-ago pace. Meanwhile, the annual rate of permits rose 2% from November and was up 6% from December 2022. Starts for single-family houses declined nearly 9% from November, but permits for new single-family structures rose to the fastest pace since May 2022. As new construction slowed, the level of houses being built hovered near a record high, based on data going back to 1970. The pace of single-family houses under construction was down 19% from its peak in mid-2022. The four-week moving average for initial unemployment claims fell to its lowest level in 16 months, dropping 45% below the all-time average, which dates back to 1967. An indicator of employers' reluctance to let workers go, the moving average was 3% below its level just before the COVID-19 pandemic, according to Labor Department data. Meanwhile, total claims for jobless benefits rose 10% from the week before to 2.1 million. That's up 12% from the year before. Friday Existing home sales slowed another 1% in December and ended 2023 under 4.1 million residences sold, the National Association of Realtors reported. That's the lowest year-end sales level since 1995. At the same time, as a result of low inventories, the median sales price hit a record high of $389,800 in 2023. The trade group said it expects sales to rebound in 2024, especially since mortgage rates have ticked down the last couple of months. The University of Michigan said its preliminary January measure of consumer sentiment showed the strongest confidence in the economy in two and a half years. The index rose 29% from November, the highest two-month increase since the end of the 1991 recession. It was 7% below the long-term average, dating back to 1978, but it was up 60% from a record low in mid-2022. The university said consumers expressed more confidence that inflation has turned a corner, and the consensus was broad, even spanning partisan political affiliations. MARKET CLOSINGS FOR THE WEEK Nasdaq – 15311, up 338 points or 2.3% Standard & Poor's 500 – 4840, up 56 points or 1.2% Dow Jones Industrial – 37864, up 397 points or 1.1% 10-year U.S.

  Landaas & Company newsletter  January edition now available. Advisors on This Week's Show Kyle Tetting Art Rothschild (with Joel Dresang, engineered by Jason Scuglik) Week in Review (Jan. 8-12, 2024) Significant Economic Indicators & Reports Monday In another sign of strength in consumer spending, credit card debt rose again in November, at the fastest pace in a year and a half. The Federal Reserve Board reported that revolving consumer debt outstanding increased at an annual pace of nearly 18%, the steepest pace since May 2022. Consumer spending accounts for about two-thirds of U.S. economic output, as measured by the gross domestic product. Credit card debt partly reflects the confidence of consumers to keep spending. Tuesday The U.S. trade deficit narrowed by 2% in November to $63.2 billion, a result of both exports and imports shrinking. Exports declined by 1.9% from October, led by decreased sales of industrial supplies and automotive products. Imports also fell 1.9%, led by drops in U.S. purchases from abroad of cellphones and pharmaceutical preparations. Through the first 11 months of 2023, the deficit – which detracts from gross domestic product – narrowed more than 18%; exports gained 1%, and imports declined 3.6%. Wednesday No major announcements Thursday The four-week moving average for initial unemployment claims fell for the fourth time in five weeks. An indicator of employers' reluctance to let workers go, the average reached 207,000 claims, which was 43% behind the average since 1967 and down from a record high of 5.3 million in April 2020. The Labor Department said 1.9 million Americans claimed jobless benefits in the week ended Dec. 30. That was up 3% from the previous week and more than 11% ahead of the same time in 2022. Shelter costs accounted for more than half of the quicker pace of inflation in December. The Bureau of Labor Statistics reported the Consumer Price Index, the broadest measure of inflation, rose 0.3% from November. The CPI advanced 3.4% from December 2022. That's the highest inflation rate since September but down from a 40-year high of 9.1% in June 2022. The Federal Reserve Board's long-range inflation target is 2%. Excluding volatile prices for food and energy items, the core CPI rose by 0.3% for the fourth time in five months. Year to year, the core measure was up 3.9%, the lowest rate since May 2021. Friday The Bureau of Labor Statistics reported that wholesale inflation retreated 0.1% in December, the third consecutive decline. The Producer Price Index fell because of a drop in goods prices, chiefly diesel fuel. The index was up 1% from the year before, compared to a 6.4% increase at the same time in 2022 and a record 11.7% in March 2022. Excluding volatile prices for food, energy and trade services, the so-called core PPI rose 0.2% from November and was up 2.5% from December 2022. MARKET CLOSINGS FOR THE WEEK Nasdaq – 14973, up 449 points or 3.1% Standard & Poor's 500 – 4784, up 87 points or 1.8% Dow Jones Industrial – 37593, up 127 points or 0.3% 10-year U.S. Treasury Note – 3.95%, down 0.09 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  January edition now available. Advisors on This Week's Show Kyle Tetting Adam Baley (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Jan. 1-5, 2024) Significant Economic Indicators & Reports Monday Markets and government offices closed Tuesday U.S. construction spending rose in November for the 10th month in a row. The Commerce Department said the seasonally adjusted annual rate of construction expenditures advanced 0.4% from October to more than $2 trillion. Residential construction accounted for 44% of the spending and rose 1% from the October rate, led by an increase in single-family housing projects. Total construction spending was up 11% from November 2022, led by a 59% rise among manufacturers. Wednesday The Institute for Supply Management reported that its manufacturing index signaled contraction in December for the 14th month in a row. Based on surveys of purchasing managers, the index showed the industry slumping slightly less than in November with demand weakening more. On the brighter side, production expanded for the first time in a couple of months, and supplier deliveries improved for the 15th month in a row. The trade group said its index suggests the overall economy is contracting at a 0.5% annual rate. U.S. employers posted 8.8 million job openings in November, down marginally from October and the lowest level since early 2021. Openings reached a record high of 12 million in March 2022 and remained above the pre-pandemic level of about 7 million. The Bureau of Labor Statistics said the number of hires and separations both declined in November, with the number of workers quitting their jobs reaching below the level just before the pandemic. Job openings stayed well above the number of unemployed job seekers, showing a continued gap between the demand and supply of workers. Thursday The four-week moving average for initial unemployment claims fell for the third time in four weeks, its lowest level since late October, 43% below the all-time average and about where it was just before the COVID-19 pandemic. Data from the Labor Department showed more than 1.8 million Americans were claiming unemployment benefits in the latest week. That was little changed from the week before but up 16% from the same time last year. Friday U.S. employers added 216,000 jobs in December, lower than the monthly average for 2023 (225,000) and 2022 (399,000). Other data in the report from the Bureau of Labor Statistics suggests a strong but cooling labor market. Temporary help jobs – often a harbinger of overall hiring trends – fell for the 15th month in a row. The average hourly wage rose 4.1% from December 2022, the first acceleration in gains since June. The same report showed the unemployment rate unchanged at 3.7%, but a number of other household measures showed conditions weakening slightly from the year before. The U.S. services sector barely grew in December, gaining for the 12th month in a row, though at the slowest pace since May, according to the Institute for Supply Management. The trade group's services index showed new orders slowing and employment receding since November. Purchasing managers told the ISM they're concerned about economic uncertainty, geopolitical conflicts and labor constraints. A report from the Commerce Department showed manufacturing orders rising in November for the third time in four months. The value of orders rose 2.6% from October and was 0.7% ahead of November 2022. Excluding volatile orders for transportation equipment – most notably commercial airline parts, orders increased 0.1% for the month and declined 1.4% from November 2022. A proxy for business investments was up 0.8% from October and 1.7% from the year before. MARKET CLOSINGS FOR THE WEEK Nasdaq – 14524, down 487 points or 3.2% Standard & Poor's 500 – 4697, down 73 points or 1.5% Dow Jones Industrial – 37466,

  Landaas & Company newsletter  December edition now available. Advisors on This Week's Show Kyle Tetting Adam Baley Kendall Bauer (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Dec. 25-29, 2023) Significant Economic Indicators & Reports Monday No major releases Tuesday Housing inflation continued to climb in October. The S&P CoreLogic Case-Shiller national index rose 4.8% from its year-earlier measure. It was the fifth consecutive acceleration and the ninth in a row, based on seasonally adjusted monthly gains. A representative for the index described broad-based price growth nationwide reaching its fastest pace since 2022, when the Federal Reserve began a string of interest rate increases. With rates easing in recent months, analysts expect home prices to keep escalating. Wednesday No major releases Thursday The four-week moving average for initial unemployment claims fell for the third week in a row and the fifth time in six weeks, suggesting ongoing strength in the labor market. The measure of employers' willingness to let workers go was 42% below its 56-year average, according to Labor Department data. Total claims reached more than 1.8 million, down less than 1% from the week before but up 17% from where it stood at the same time in 2022. The National Association of Realtors said softer mortgage rates spurred more interest in home buying in November, but its pending home sales index remained unchanged from the month before. The index was down more than 5% from the year before. The trade group said lower mortgage rates and the prospect of the Fed reducing interest rates in 2024 should boost home sales in the new year. Friday No major releases MARKET CLOSINGS FOR THE WEEK Nasdaq – 15011, up 19 points or 0.1% Standard & Poor's 500 – 4770, up 15 points or 0.3% Dow Jones Industrial – 37689, up 303 points or 0.8% 10-year U.S. Treasury Note – 3.87%, down 0.4 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  December edition now available. Advisors on This Week's Show Steve Giles Dave Sandstrom (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Dec. 11-15, 2023) Significant Economic Indicators & Reports Monday No major announcements Tuesday The broadest measure of inflation continued to ease in November, declining on a year-to-year rate to 3.1%. The Bureau of Labor Statistics reported that the Consumer Price Index was still above the long-range Federal Reserve target of 2%, but it was down from a four-decade high of 9.1% in June 2022. For the month, the CPI added 0.1% from October as shelter costs edged up and gas prices declined. Excluding volatile costs for energy and food, the core 12-month inflation rate was 4%, tied with October as the lowest since August 2021. Wednesday Inflation on the wholesale level flattened in November, as the Producer Price Index remained unchanged following a 0.4% decline in October. Compared to the year before, the PPI rose 0.9%, the lowest since June, which was the slimmest advance since the early months of the COVID-19 pandemic. Excluding food, energy and trade, the core PPI rose 0.1% for the month and was up 2.5% from Nov. 2022. The policy-making committee of the Federal Reserve Board held steady on short-term interest rates, deciding not to change the cost of short-term borrowing for its third meeting since July. Since March 2022, the Fed had raised rates 10 times to their highest level in 22 years in an effort to control four-decade high inflation. The Federal Open Market Committee projected this week that it would lower borrowing costs by three-quarters of a percentage point by the end of 2024, Thursday The Commerce Department reported a 0.3% increase in retail sales in November, more than reversing a decline of 0.3% in October. The rise was broadly distributed: Eight of 13 major categories had higher sales in November, excluding gas stations, where lower prices cut into revenue. Consumer spending notably rose at bars and restaurants, often an indicator of consumer confidence. About two-thirds of U.S. economic activity is driven by consumer spending. Compared to November 2022, only two retail categories had lower sales, besides gas stations: Furniture stores and home-and-garden centers. The four-week moving average for initial unemployment claims fell for the third time in four weeks, dipping to 42% below its 56-year average. Although data can be marginally affected by seasonal downtime, including around Thanksgiving, the Labor Department reported total claims rising 18% from the week before to nearly 1.9 million. That's also up about 18% from where it stood the year before but still suggested employers' reluctance to let workers go. Friday The return of striking autoworkers helped boost industrial production in November, according to the Federal Reserve. Total industrial output rose 0.2% in November, though it lagged 0.4% from the year before. Manufacturing production was up 0.3% from October but was down 0.2% excluding automotive. Capacity utilization rate, an early indicator of inflation pressure, rose marginally to 78.8% in November, staying below the 50-year average of 79.7%. MARKET CLOSINGS FOR THE WEEK Nasdaq – 14814, up 410 points or 2.8% Standard & Poor's 500 – 4719, up 115 points or 2.5% Dow Jones Industrial – 37309, up 1061 points or 2.9% 10-year U.S. Treasury Note – 3.93%, down 0.32 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  November edition now available. Advisors on This Week's Show KYLE TETTING ART ROTHSCHILD STEVE GILES (with Max Hoelzl and Joel Dresang engineered by Jason Scuglik) In a special Thanksgiving Money Talk Podcast, Kyle Tetting, Art Rothschild and Steve Giles discuss wise ways investors can plan to charitably share their wealth. Among the topics: Gifting appreciated securities Qualified charitable distributions from retirement accounts Donor-advised funds Learn more IRS Publication 526, Charitable Contributions Charitable Contributions, IRS Tax Topic An IRS FAQ on qualified charitable distributions from IRAs ONLINE GUIDES FOR SCRUTINIZING CHARITIES: BBB Wise Giving Alliance Charity Navigator Charity Watch --- Week in Review (Nov. 20-24, 2023) SIGNIFICANT ECONOMIC INDICATORS & REPORTS Monday The U.S. economy continued to show signs of weakening in October, according to the Conference Board's index of leading economic indicators. The business research group reported a 0.8% drop in the index from September and a 3.3% drop since April. That compared with a 4.5% decline in the prior six months. Manufacturing orders, consumer expectations, stock prices and lending conditions all pulled the index down in October, the Conference Board said. The group repeated its forecast of a recession in the near term and predicted the economy would expand by just 0.8% in 2024. Tuesday The National Association of Realtors said high mortgage rates and low inventories led to another decline in existing home sales in October. The annual sales rate dropped 4.1% from September to just below 3.8 million houses and condos. That was nearly 15% below the pace in October 2022. Although the number of houses for sale nudged up from September, it was down almost 6% from the year before, which helped raise the median sales price to a record $391,800. That was up 3% from October 2022, the fourth consecutive gain in prices. Wednesday The Commerce Department said durable goods orders fell 5.4% in October, the third setback in four months. Commercial aircraft led the decline. Excluding the volatile transportation sector, orders were unchanged from September and up 0.7% from the year before. Including transportation, demand for long-lasting manufactured items rose 4% from October 2022. Core capital goods orders, a proxy for business investments, dropped marginally from September and were up less than 2% from the year before. The four-week moving average for initial unemployment insurance claims declined for the first time in three weeks, staying 40% below the 56-year average. The measure continued to indicate employers' reluctance to let workers go. Total claims dropped to 1.6 million, down nearly 2% from the week before but up 28% from the same time last year. Considered a precursor to spending, consumer sentiment, rose for the fourth month in a row in November as Americans lowered expectations for business conditions and fretted that inflation would quicken again after slowing recently. The University of Michigan said the sentiment reading reached 61.3 in November, down 4% from October but up 8% from November 2022. Though they lowered their outlook overall, consumers registered optimism for their own personal finances. They also raised their long-term expectations for inflation to 3.2%, the highest since 2011. Thursday Markets and government offices closed for Thanksgiving. Friday No major releases  MARKET CLOSINGS FOR THE WEEK Nasdaq – 14251, up 126 points or 0.9% Standard & Poor's 500 – 4559, up 45 points or 1% Dow Jones Industrial – 35390, up 443 points or 1.3% 10-year U.S. Treasury Note – 4.48%, up 0.04 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  November edition now available. Advisors on This Week's Show Kyle Tetting Art Rothschild Steve Giles (with Max Hoelzl and Joel Dresang engineered by Jason Scuglik) Week in Review (Nov. 13-17, 2023) Significant Economic Indicators & Reports Monday No major announcements Tuesday Inflation continued to slow in October, thanks in part to lower gas prices. The Bureau of Labor Statistics reported that the Consumer Price Index, the broadest measure of inflation, was unchanged from September and up 3.2% from the year before. That was the smallest 12-month increase in the index since March 2021. Although it continued to exceed the Federal Reserve long-range target of 2%, it was down from a four-decade high of more than 9% last summer. The core CPI, which strips out volatile food and energy prices, rose 4% from October 2022, the lowest gain in more than two years. Wednesday Inflation on the wholesale level declined in October, according to the Producer Price Index. The gauge fell by 0.5% from September, led by lower prices in goods, chiefly energy products, the Bureau of Labor Statistics reported. The one-year wholesale inflation rate was 1.3%, down from nearly 12% in the spring of 2022. Excluding volatile costs for food, energy and trade services, the so-called core Producer Price Index rose 2.9% from October 2022, down from almost 9% in the summer of 2022. Retail sales receded in October for the first time in seven months. Sales fell 0.1% over all with seven of 13 categories reporting lower sales, including car dealers, gas stations, furniture stores and home-and-garden centers. Sales aren't adjusted for price changes, so lower prices at gas stations factored in. Bars and restaurants added sales for the seventh month in a row. Since October 2022, total retail sales rose 2.5% while bars and restaurants increased by 8.6%. Adjusted for inflation, retail sales were down 0.2% from September. Thursday The four-week moving average for initial unemployment claims rose for the fourth week in a row to its highest point since September, according to the Labor Department. The measure was still 40% below the 56-year average, suggesting the relative tightness of the labor market. Total claims rose 0.2% in the latest week to more than 1.6 million, which was 27% higher than the year before. The Federal Reserve reported a slight decline in industrial production in October, the first setback in fourth months. Strikes at automotive plants resulted in a 10% drop in that sector's output from September, the Fed reported, accounting for much of a dip in manufacturing production. As a result, total industrial production declined 0.1% for the month. If not for the auto makers, total production would have gained 0.1%, according to the Fed. Industries' capacity utilization rate, an early indicator of inflation, edged down to its lowest level since June, remaining below the 50-year average for the 12th month in a row. Friday More than a year and a half after the Fed began raising interest rates, housing construction data continued to show a pause in October. The annual pace of building permits and housing starts rose slightly, remaining near pre-pandemic levels but down from accelerations in 2021 and 2022. A report from the Commerce Department showed new authorizations and new construction for single-family houses outgaining  multi-family projects. The rate of housing units under construction slowed marginally in October but stayed near the highest on record, based on data going back to 1970.  MARKET CLOSINGS FOR THE WEEK Nasdaq – 14125, up 327 points or 2.4% Standard & Poor's 500 – 4514, up 99 points or 2.2% Dow Jones Industrial – 34947, up 664 points or 1.9% 10-year U.S. Treasury Note – 4.44%, down 0.19 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter.

  Landaas & Company newsletter  November edition now available. Advisors on This Week's Show Kyle Tetting Tom Pappenfus Kendall Bauer (with Max Hoelzl and Joel Dresang, engineered by Blake Miller) Week in Review (Nov. 6-10, 2023) Significant Economic Indicators & Reports Monday No major releases Tuesday Imports rose more than exports in September, widening the U.S. trade gap by 4.9% to $61.5 billion. Cellphones and cars led the 2.7% increase in imports, the Bureau of Economic Analysis reported. Exports rose 2.2%, led by petroleum products and soybeans. Through the first three quarters of 2023, the trade deficit widened 20% from the same time in 2022 to $147.4 billion. In that year, exports grew 1% while imports rose 4.2%. Trade deficits detract from gross domestic product, the broadest measure of overall economic growth. The Federal Reserve reported that revolving consumer credit rose at an annual rate of 2.9% in September. The increase in credit card debt suggests consumer spending – which drives about two-thirds of the U.S. economy – remained resilient. It also hints at a possible slowdown, which the Fed has been trying to achieve by raising interest rates the past year and a half. The pace of credit card debt slowed from a 13.7% annual rate in August. The quarterly pace has been decelerating since the end of 2022. Credit card borrowing took two years to recover from its pre-pandemic peak. In contrast, it took a decade to recover from the financial collapse and the Great Recession. Wednesday No major releases Thursday The four-week moving average for initial unemployment claims rose for the third week in a row to its highest level since mid-September. Data from the Labor Department showed the four-week average still down 42% from its 56-year average, reflecting continued reluctance by employers to let workers leave amid a tight hiring market. Nearly 1.6 million Americans were claiming jobless benefits in the latest week, up 0.1% from the week before and up 27% from the same time in 2022. Friday The University of Michigan said consumer sentiment is declining for the fourth month in a row. Despite higher opinions of their personal finances, consumers indicated in the university's preliminary November report that high interest rates and the wars in Gaza and Ukraine soured their outlook on the economy. For the top third of stockholders, sentiment improved. The university said expectations for inflation generally rose from October, especially for gas prices.  MARKET CLOSINGS FOR THE WEEK Nasdaq – 13798, up 320 points or 2.4% Standard & Poor's 500 – 4415, up 57 points or 1.3% Dow Jones Industrial – 34284, up 222 points or 0.7% 10-year U.S. Treasury Note – 4.63%, up 0.07 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  October edition now available. Advisors on This Week's Show Kyle Tetting Art Rothschild Tom Pappenfus (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Oct. 16-20, 2023) Significant Economic Indicators & Reports Monday No major announcements Tuesday In a further sign of economic resilience, retail sales advanced 0.7% in September. The Commerce Department reported that 10 of 13 major categories had sales increases in September, including a 1.1% gain for online retailers and a 1% bump for car dealers. Appliance stores, home-and-garden centers and clothing stores experienced declines. Sales at bars and restaurants rose by 0.9%, an indication that consumers remain comfortable spending. Consumer spending drives nearly 70% of U.S. economic activity. The Federal Reserve reported that industrial production rose 0.3% in September and capacity utilization advanced to its long-term average for the first time in five months. The capacity rate, a measure of potential inflation pressure, suggested that factories, mines and utilities were regaining balance after months of underusing their operations. The capacity rate for factories stayed below its long-run average for the fifth month in a row. The Fed said total industrial output was up just 0.1% from September 2022 and had grown at an annual rate of 2.5% in the third quarter. Manufacturing production rose 0.4% in September and was down 0.8% from the year before. Wednesday The U.S. housing market continued to suggest weakness in September as the pace for both housing starts and building permits stayed below pre-pandemic levels. Figures from the Commerce Department showed new construction, including multi-family units, about 25% below its pace in mid-2022. Starts for single-family houses have been below their pre-COVID level since May 2022. The pace of housing permits, an indicator of commitments to future homebuilding, also has hovered lower since the Fed began raising interest rates in 2022. Single-family housing permits, however, rose in September for the eighth month in a row, though still below the pre-pandemic level. And though new construction has been slowing, data showed that the rate of houses under construction stayed near record level, despite 14 consecutive declines for single-family units. Thursday The four-week moving average for initial unemployment claims fell for the seventh week in a row, dipping to its lowest point since the beginning of February. The measure of employers' reluctance to let workers go was 44% behind the long-term average, dating to 1967. According to Labor Department data, total jobless claims fell below 1.6 million in the latest week, down nearly 2% from the week before, though up 29% from the year before. The pace of existing home sales sank 2% in September, descending to its lowest mark in 13 years. The National Association of Realtors cited limited inventory and low affordability fueled by rising mortgage rates. Houses sold at an annual rate of 3.96 million, down 15.4% from September 2022, the Realtors reported. Inventory rose 2.7% from August to 1.1 million houses, the lowest for September since 1999. The trade group said the median sales price in September was $394,300, up 2.8% from the year before. The Conference Board said its index of leading economic indicators declined 0.7% in September, shrinking for the 18th month in a row. Of 10 components in the index, nine were either negative or flat. The six-month pace of contraction slowed from the preceding six months. Still, the business research group forecast a shallow recession for the first half of 2024. Friday No major announcements  MARKET CLOSINGS FOR THE WEEK Nasdaq – 12984, down 423 points or 3.2% Standard & Poor's 500 – 4224, down 104 points or 2.4% Dow Jones Industrial – 33126, down 544 points or 1.6% 10-year U.S. Treasury Note – 4.92%, up 0.30 point

  Landaas & Company newsletter  October edition now available. Advisors on This Week's Show Kyle Tetting Steve Giles Kendall Bauer (with Max Hoelzl, and Joel Dresang, engineered by Jason Scuglik) Week in Review (October 9-13, 2023) Significant Economic Indicators & Reports Monday No major announcements Tuesday No major announcements Wednesday Prices on the wholesale level rose more than analysts expected in September, fueled by increases in energy costs. The Bureau of Labor Statistics said its Producer Price Index rose 0.5% from August. Demand for goods climbed 0.9%. Since September 2022, the PPI rose 2.2%, the fastest rate since April, but down from an 11.7% one-year pace in March 2022. Excluding volatile prices for food, energy and trade services, the core PPI advanced 0.2% for the month and was up 2.8% from the year before, which was on par with recent months and down from 7.1% in March 2022. Thursday Shelter costs accounted for more than half of the 0.4% increase in inflation in September. The Bureau of Labor Statistics said gasoline prices also added to its Consumer Price Index. The gain was down from 0.6% in August. In the latest 12 months, the broadest measure of inflation rose at a 3.7% pace, tied with August for the slowest in 30 months and down from 9.1% in June 2022. The core CPI, which strips out volatile costs for food and energy, rose 0.3% from August and 4.1% from September 2022. The year-to-year rate was the lowest in two years and down from 6.6% a year ago. Based on CPI data, the Social Security Administration announced a 3.2% adjustment to benefits in 2024. That was a drop from 8.7% in 2023, the biggest raise for Social Security recipients since 1981. The average cost-of-living adjustment since Social Security began adjusting benefits to inflation in 1975: 3.8%. Social Security said the average recipient can expect an added $50 in their benefit checks, beginning in January. The four-week moving average for initial unemployment claims sank for the sixth week in a row, reaching 44% below the all-time average and the lowest level since January. The Labor Department said fewer than 1.6 million Americans claimed jobless benefits in the most recent week, down 0.2% from the week before but up 28% from the same time last year. The historically low claims numbers illustrate the reluctance of employers to let workers go in a tight labor market. Friday A preliminary reading of consumer sentiment in October showed lower confidence because of higher expectations for inflation. The survey-based index from the University of Michigan dropped 7.5% from where it stood at the end of September. It was 5.2% ahead of where it was in October 2022. One-year expectations for inflation rose to their highest level since May, staying well above the range before the pandemic. Long-term expectations also edged up. According to the university, expectations for rising prices tend to stifle consumer spending, which drives nearly 70% of U.S. economic activity.  MARKET CLOSINGS FOR THE WEEK Nasdaq – 13407, down 24 points or 0.2% Standard & Poor's 500 – 4328, up 19 points or 0.4% Dow Jones Industrial – 33671, up 263 points or 0.8% 10-year U.S. Treasury Note – 4.63%, down 0.16 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  September edition now available. Advisors on This Week's Show Kyle Tetting Adam Baley Tom Pappenfus with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik Week in Review (Sept. 18-22, 2023) Significant Economic Indicators & Reports Monday No major announcements Tuesday Trends for housing starts and building permits moved in opposite directions, according to the Commerce Department. The annual pace of starts declined 11% from July, sinking to the slowest pace since June 2020. Meanwhile, permits – an indication of future housing construction – rose nearly 7% from July, though they were almost 3% below the pace in August 2022. After pent-up demand and historically low mortgage rates rallied home building to its briskest levels since 2006, activity has tapered off in the last year amid higher interest rates. The pace of single-family houses under construction slowed for the 15th month in a row. Wednesday No major announcements Thursday Labor market conditions remained robust as the four-week moving average for initial unemployment claims declined for the third week in a row. The measure was 41% below the all-time average and the lowest since February, according to data from the Labor Department, a sign of employers' continued reluctance to let workers go. Nearly 1.7 million Americans were receiving jobless benefits in the latest week, down from 5% the week before but up 30% from the year before. The annual rate of existing home sales fell 0.7% to 4 million in August, the third slowdown in three months, down 15% from the year-ago pace. The National Association of Realtors said an ongoing lack of houses for sale continued to raise prices. Inventory dropped to a 3.3-month supply, about half of what the trade association said was needed to stabilize pricing. The median sales price hit $407,100 in August, up nearly 4% from the year before. The Conference Board's index of leading economic indicators fell in August for the 17th month in a row. The index declined 0.4% from July because of weaker measures for factory orders, consumer expectations, interest rates and credit conditions. Nearly a year and a half of falling indicators prompted the business research group to forecast a “challenging growth period and possible recession,” with projections of 2.2% economic growth in 2023 and 0.8% in 2024. Friday No major announcements MARKET CLOSINGS FOR THE WEEK Nasdaq – 13212, down 497 points or 3.6% Standard & Poor's 500 – 4320, down 130 points or 2.9% Dow Jones Industrial – 33964, down 654 points or 1.9% 10-year U.S. Treasury Note – 4.44%, up 0.11 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  September edition now available. Advisors on This Week's Show Kyle Tetting Steve Giles (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Sept. 11-15, 2023) Significant Economic Indicators & Reports Monday No major announcements Tuesday No major announcements Wednesday The broadest measure of inflation delivered mixed signals from August. For the month, the Consumer Price Index rose 0.6%, the most in 14 months, according to the Bureau of Labor Statistics. A 10.6% jump in the price of gasoline accounted for more than half the increase. Also contributing: Shelter costs, which rose for the 40th month in a row. The core CPI, which excludes volatile prices for food and energy items, rose 0.3% from July. Year to year, the CPI was up 3.7%, after reaching 3% in June. The core index fell to 4.3% from the year before, the lowest in nearly two years. Thursday Higher gas prices also boosted inflation on the wholesale level in August. The Bureau of Labor Statistics said its Producer Price Index rose 0.7%, the biggest gain in 14 months. Food prices fell for the fourth time in five months. Excluding food, energy and trade services, the core PPI rose 0.3% for the second month in a row. Since August 2022, the PPI rose 1.6%, which was the most since April. The core PPI was up 3% from the year before, compared to 2.9% in July. The four-week moving average for initial unemployment claims fell for the second week in a row and the seventh time in 11 weeks, reaching the lowest level since February.  According to Labor Department data, the average moved to 224,500 new applications, 39% below the average since 1967. Just under 18 million Americans claimed jobless benefits in the latest week, down more than 2% from the week before and up about 28% from the year before. The Commerce Department reported a 0.7% rise in retail sales in August, fueled by higher gas prices. Excluding gas stations, sales rose 0.2% for the month, compared with 0.5% in July. Sales rose in 10 of 13 categories. Sellers of furniture, sporting goods and miscellaneous merchandise experienced declines. Adjusted for inflation, retail sales fell 0.1% in August, the first decline since March. Friday U.S. industrial output rose 0.4% in August, the second gain in a row, though down from a 0.7% increase in July. A 5% drop in production from the auto industry held back the measure, the Federal Reserve reported. Output from factories rose 0.1%, but excluding motor vehicles and parts, manufacturing increased 0.6%. Since August 2022, overall industrial production rose 0.2%, with manufacturing output declining 0.6%. Meanwhile, capacity utilization rose marginally, reaching the 50-year average operating rate. Consumer sentiment stayed relatively steady in early September, according to the University of Michigan. A preliminary index reading of 67.7 was down from 69.5 at the end of August but about 35% above its record low in June 2022. Sentiment remained well below the historical average of 86. The university said consumer outlooks on economic conditions have improved modestly, but threats to shut down the government has the potential to send sentiment sliding. MARKET CLOSINGS FOR THE WEEK Nasdaq – 13708, down 53 points or 0.4% Standard & Poor's 500 – 4450, down 7 points or 0.2% Dow Jones Industrial – 34619, up 42 points or 0.1% 10-year U.S. Treasury Note – 4.32%, up 0.06 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  September edition now available. Advisors on This Week's Show Kyle Tetting Art Rothschild Mike Hoelzl (with Joel Dresang, engineered by Jason Scuglik) Week in Review (Sept. 4-8, 2023) Significant Economic Indicators & Reports Monday Markets and government agencies closed for Labor Day Tuesday The Commerce Department said factory orders declined in July for the first time in five months. The measure of demand for manufactured goods slipped 2.1% after gaining 2.3% in June. Through the first seven months of 2023, orders were up a mere 0.5% from the year before. Excluding requests for transportation equipment, which has an outsized effect on the indicator, orders rose 0.8% from June but were down 1.6% from July 2022. Orders for core capital goods, a proxy for business investments, rose 0.1% for the month and were up 2.3% from the year before. Wednesday The U.S. trade gap widened by 2% in July to $65 billion. Exports rose 1.6% from June, led by automotive vehicles. Imports increased 1.7%, led by cell phones, semiconductors and industrial supplies. The Bureau of Economic Analysis reported that through July, the deficit declined 21% from the year before with a 1.6% gain in exports and a 4.3% drop in imports. The U.S. service sector expanded in August for the eighth month in a row and at the fastest pace since February. The Institute for Supply Management said its survey of purchasing managers showed general optimism toward business and economic conditions with signs of accelerated growth. The trade group said the index suggested the U.S. economy was growing at an annual rate of 1.6%. Thursday The four-week moving average of initial unemployment claims fell for the first time in four weeks, dropping to 38% below the 56-year average, a sign that employers continue to be reluctant about letting workers go. The Labor Department reported that total claims stayed steady from the week before at 1.7 million, which was up 28% from the year before. Worker productivity rose at an annual rate of 3.5% in the second quarter, according to the Bureau of Labor Statistics. That was down from a previous estimate of 3.7%. The annual rate of output rose 1.9% in the quarter while the hours worked sank 1.5% - the    first quarterly decline in three years. Since the second quarter of 2022, productivity rose 1.3%, the first such increase since the end of 2021. That 1.3% matched the annual rate of productivity growth since the end of 2019, which was slightly below the pace during the previous economic cycle, which started in 2007. Friday No significant reports MARKET CLOSINGS FOR THE WEEK Nasdaq – 13762, down 270 points or 1.9% Standard & Poor's 500 – 4457, down 58 points or 1.3% Dow Jones Industrial – 34577, down 261 points or 0.7% 10-year U.S. Treasury Note – 4.26%, up 0.08 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

El Nasdaq Composite subió un 1.74% el martes, gracias a la recuperación de las acciones tecnológicas. El S&P 500, por su parte, subió un 1.45%, mientras que el Dow Jones Industrial subió un 0.85%, el mercado cerró con su tercera sesión consecutiva en verde y a su mejor rendimiento en un día desde junio.

  Landaas & Company newsletter  August edition now available. Advisors on This Week's Show Kyle Tetting Tom Pappenfus Mike Hoelzl (with Max Hoelzl, engineered by Blake Miller) Week in Review (Aug. 22-26, 2022) Significant Economic Indicators & Reports Monday No significant releases Tuesday The real estate market continued to struggle in July as the annual rate of existing home sales sank for the fourth time in five months. The National Association of Realtors said sales were on an annual pace of 4.07 million, down 2.2% from June and 16.6% below the rate in July 2022. The trade association blamed low inventory and high interest rates for choppy sales. Conventional mortgage rates recently reached the highest in more than 20 years. The median sales price was $406,700, up about 2% from the year before. Wednesday Though a fraction of the overall market, the annual rate of new home sales rose 4.4% in July, the Commerce Department reported. The pace reached 714,000 houses, which was up 31% from July 2022. The rate was slightly ahead of where it was just before the COVID-19 pandemic. Fewer houses sold for $500,000 or more in July (34% of all sales vs. 46% the year before). The median sales price for a new house fell nearly 9% from July 2022 to $436,700. Thursday The Commerce Department said new orders for durable goods fell in July for the first time in five months. A drop in commitments for commercial aircraft led a 5.2% decline in total orders. Excluding the volatile transportation sector, orders rose 0.5% from June. Overall demand for long-lasting manufactured items was up 4.4% from July 2022 but ahead just 0.5% without transportation. Core capital goods orders, a proxy for business investments, rose 0.1% from June and were 2.3% above of the year before. The four-week moving average for initial unemployment insurance claims rose for the third week in a row. At 236,750 claims, the average was 35% below the 56-year average, suggesting continued reluctance by employers to let go of workers. The Labor Department reported that 1.8 million Americans claimed jobless benefits in the latest week, up 0.2% from the week before and up from 1.4 million the year before. Friday The University of Michigan said its consumer sentiment index declined insignificantly in August, as Americans sensed moderating progress on inflation. The survey-based measure was 39% above its all-time low, reached in June 2022. Though still subdued historically, the index hit its second-highest mark in 21 months. Survey respondents suggested a tentative outlook toward the near-term economy and its effects on their personal finances. Economists consider sentiment a bellwether for consumer spending, which drives two-thirds of the U.S. gross domestic product. MARKET CLOSINGS FOR THE WEEK Nasdaq – 13591, up 300 points or 2.3% Standard & Poor's 500 – 4406, up 36 points or 0.8% Dow Jones Industrial – 34347, down 154 points or 0.4% 10-year U.S. Treasury Note – 5.32%, up 0.07 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

Listen as the Incredible Husk in one of his most cringe-worthy attempts at connecting with voters yet as he visits fire ravaged Hawaii. Chief economist Steve Moore and Stigall discuss the proposed 4 day work week legislation in PA that still mandates paying you for 5. Did Ron DeSantis insult Trump voters all Hillary's basket of deplorable? Stigall weighs in. Chadwick Moore stops by to explain how Amazon tired to make his book Tucker look like it flopped. And Stigall needs some advice as a friend of his sent a note this weekend declaring the GOP has a woman voter problem nobody is prepared to fix. - For more info visit the official website: https://chrisstigall.com Instagram: https://www.instagram.com/chrisstigallshow/ Twitter: https://twitter.com/ChrisStigall Facebook: https://www.facebook.com/chris.stigall/ Listen on Spotify: https://tinyurl.com/StigallPod Listen on Apple Podcasts: https://bit.ly/StigallShowSee omnystudio.com/listener for privacy information.

  Landaas & Company newsletter  August edition now available. Advisors on This Week's Show Kyle Tetting Adam Baley Dave Sandstrom (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Aug. 7-11, 2023) Significant Economic Indicators & Reports Monday In a sign of weakening consumer spending, outstanding credit card debt slowed in June. The Federal Reserve reported a 0.6% decline in the annual rate of revolving consumer debt outstanding, the first decrease since April 2022. The pace of total consumer debt rose 4.3% from May, including a 6% jump in non-revolving debt – which is mostly car financing and student loans. With nearly 70% of U.S. economic growth relying on consumer spending, the drop in credit card debt suggests a drop-off in commitment to buying on credit. Credit card debt in June was still up about 30% from where it plunged after the COVID-19 pandemic. Tuesday The U.S. trade deficit narrowed 4.1% in June to $65.5 billion, the Bureau of Economic Analysis reported. Exports declined 0.1% from May, led by industrial supplies and consumer goods. Imports fell 1%, despite higher U.S. demand for overseas automobiles, gems, artwork and non-monetary gold. Through the first half of 2023, the balance between what Americans buy from overseas and what they sell abroad narrowed 22% from the same time last year. Exports fell 2.5% in that period; imports fell 4%. Wednesday No major releases Thursday Higher costs for shelter accounted for 90% of the rise in inflation in July. The Bureau of Labor Statistics said the Consumer Price Index, the broadest measure of inflation, rose 0.2% from June. Prices for car insurance and education also rose, while the cost of air fare, used vehicles and medical care declined. Compared to the year before, the CPI rose to 3.2% from a 3% inflation rate in June. That was the first acceleration in the rate since it crested above 9% in June 2022. The core CPI, which excludes volatile food and energy costs, rose less than 0.2% from June, tied with June for the smallest gain since February 2021. The core CPI rose 4.7% from the year before, the lowest since October 2021. The four-week moving average for initial unemployment claims rose for the first time in six weeks but stayed below the all-time average by 37%, according to data released by the Labor Department. The total number of claims fell 0.4% from the week before to 1.8 million, up from fewer than 1.5 million the year before. Friday Inflation on the wholesale level rose 0.3% in July, led by increased prices for services. The Bureau of Labor Statistics said its Producer Price Index rose 0.8% from July 2022, up from 0.7% in June but down from 11.7% in March 2022. Excluding volatile prices for energy, food and trade services, the core PPI rose 0.2% for the month – the biggest increase since a 0.3% gain in February. Since July 2022, the core PPI rose 2.7%, the lowest 12-month move since February 2021. Consumer opinions toward the economy and their personal finances stayed above year-ago lows but below historical averages in August, according to the University of Michigan consumer sentiment index. The longstanding index hit 71.2 in a preliminary August reading, up about 42% from a record low last summer but down from the long-time average of 86. Since July, consumers felt slightly better about current conditions and slightly worse about future expectations. Survey respondents said they anticipate inflation to be about 3.3% in August 2024 and 2.9% longer term. MARKET CLOSINGS FOR THE WEEK Nasdaq – 13645, down 264 points or 1.9% Standard & Poor's 500 – 4464, down 14 points or 0.3% Dow Jones Industrial – 35281, up 216 points or 0.6% 10-year U.S. Treasury Note – 4.17%, up 0.11 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter ...

  Landaas & Company newsletter  July edition now available. Advisors on This Week's Show Kyle Tetting Steve Giles Tom Pappenfus (with Max Hoelzl and Joel Dresang, engineered by Jason Scuglik) Week in Review (July 17-21, 2023) Significant economic indicators & reports Monday No major releases Tuesday A key measure of consumer spending showed signs of slowing in June. Retail sales rose 0.2% from May, but only seven of 13 categories gained, with lower sales reported among gas stations, grocery stores, home-and-garden centers and others. Noting that retail sales represent about two-thirds of consumer spending, which is the prime driver of U.S. economic growth, the Commerce Department reported that sales were up 1.5% from June 2022. Adjusted for inflation, sales were unchanged from May and down nearly 2% from the year before. The Federal Reserve said industrial production weakened in June, declining for the second month in a row. Output from manufacturing, mining and utilities was down 0.4% from June 2022. In particular, the production of long-lasting consumer goods dropped off in June but still posted a positive second quarter. Industrial capacity use declined to 78.9%, the second month in a row below its 50-year average of 79.7%. A high usage rate can signal rising inflation. Wednesday The U.S. housing market continued to weaken in June following a year of higher mortgage rates. The annual pace for both housing starts and building permits declined from May and lagged the June 2022 level as well. The Commerce Department report showed housing under construction remaining near an all-time peak, although the pace of construction for single-family houses kept trending lower. Thursday The pace of existing home sales continued to slow in June, dipping 3% from May and remaining 19% behind the rate in June 2022. The National Association of Realtors said through the first half of the year, sales were down 23% from the same time last year. An ongoing concern: Inventory. The supply of houses for sale in June remained about the same as in May but was down 14% from the year before and only about half the level the market could absorb, the trade group said. The median price of a house sold in June was $410,200, slightly below the record high set in June 2022. The four-week moving average for initial unemployment claims fell for the third week in a row, reflecting employers' reluctance to let workers go in an historically tight labor market. Average claims dropped 35% below the all-time average dating back to 1967, according to the Labor Department. In the latest week, total claims dropped 0.9% to 1.7 million, up 29% from the year before but down from 12.6 million at the same time in 2021. The Conference Board said its index of leading economic indicators continued to point to a U.S. recession. The index from the business research group fell 0.7% in June, its 15th consecutive deceleration, which is the longest streak since the months leading up to the Great Recession. The group said the index fell 4.2% in the first half of 2023, compared to a decline of 3.8% in the second half of 2022. The Conference Board forecast a recession from the current quarter to the first quarter of 2024. It cited inflation, interest rates, tighter lending and reduced government spending as forces to further slow the economy. Friday No major announcements MARKET CLOSINGS FOR THE WEEK Nasdaq – 14033, down 81 points or 0.6% Standard & Poor's 500 – 4536, up 31 points or 0.7% Dow Jones Industrial – 34228, up 719 points or 2.1% 10-year U.S. Treasury Note – 3.91%, up 0.09 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

  Landaas & Company newsletter  July edition now available. Advisors on This Week's Show Kyle Tetting Tom Pappenfus (with Max Hoelzl and Joel Dresang, engineered by Jason Scuglik) Week in Review (July 10-14, 2023) Significant economic indicators & reports Monday U.S. consumer spending showed resilience in May with credit card debt increasing for the 25th month in a row. The Federal Reserve Board reported revolving consumer credit debt outstanding grew by an annual rate of 8% in May. Non-revolving debt, including student loans and vehicle financing, declined at an annual rate of 0.4%. Compared to May 2022, credit card debt rose by 15% to more than $1.25 trillion, which was more than 12% above its level just before the COVID pandemic. Tuesday No major releases Wednesday The broadest measure of inflation rose at a 3% annual rate in June, less than one-third of where it peaked a year ago. The Bureau of Labor Statistics reported that the Consumer Price Index continued slowing after hitting a 41-year high of 9.1% in June 2022. At 3%, the CPI was at its lowest point since March 2021. The year-to-year increase is still higher than the 2% long-term target of the Federal Reserve. Seasonally adjusted, the index rose 0.2% from May, with increased shelter costs contributing more than 70% of the gain. Excluding volatile energy and food costs, the core index rose 4.8% from June 2022, the lowest since October 2021. Thursday Wholesale inflation also continued to moderate in June. The Producer Price Index rose 0.1% from the year before, having decelerated each month since hitting 11.2% in June 2022, the Bureau of Labor Statistics reported. On a monthly basis, the index budged 0.1% from May only through greater demand for services. Demand for goods was unchanged. Excluding volatile costs for food, energy and trade services, inflation on the wholesale level rose 0.1% from May and 2.6% from June 2022. The four-week moving average for initial unemployment claims fell for the second week in a row to its lowest level in six weeks. The average hit 246,750 in the latest week, down 33% from the 56-year average. Total claims rose 3.8% in the latest week to nearly 1.8 million, which was up from 1.3 million the same time last year. Friday A stable labor market and slowing inflation have boosted consumer sentiment to its highest level since September 2021, according to a preliminary report by the University of Michigan. Seen as a precursor to consumer spending, sentiment has recovered from record lows a year ago and is midway back to where it left off when the COVID-19 pandemic hit. University researchers said that except for low-income workers, consumers surveyed showed broad improvements in how they view the economy and their personal finances. MARKET CLOSINGS FOR THE WEEK Nasdaq – 14114, up 453 points or 3.3% Standard & Poor's 500 – 4506, up 107 points or 2.4% Dow Jones Industrial – 34511, up 776 points or 2.3% 10-year U.S. Treasury Note – 3.82%, down 0.23 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

How do you build something cool enough that it becomes a disruptor? It starts with a vision for the future and is carried out by leaders who are both strong and vulnerable.   Charlene Li is an expert on disruptive transformation, leadership, customer experience, and the future of work. Her perspectives from advising hundreds of companies ranging from Adobe to Southwest Airlines and 14 of the Dow Jones Industrial 30 companies provide insights to support a winning strategy for disruptive growth, and a plan to identify and seize an opportunity no one else has the audacity or confidence to reach for.   Charlene rode the wave of the disruption back in the 90s  as journalism was majorly disrupted by the revolution of the Internet.  Traditional media as we knew it would never be the same.    Charlene knows that disruption has to be viewed as a positive force, no matter how hard it might be. Leaders who can see disruption as growth are the ones who will benefit from all that stands to be gained by the change.    The key is to see the future and what can be before anyone else. Charlene highlights the disruption that happened at Adobe, and the importance of taking the customer where they need to go.    At T-Mobile, the vision of leadership was the driver behind the disruption.  Followers are the key to building a culture like the one at Southwest to the disruption moving forward, because a movement only becomes a movement when it can go on without you.    Interview Links: Charlene Li   Resources: 20,000 Scaleups Scaling Up Summits (Select Bill Gallagher as your coach during registration for a discount.) Bill on YouTube Recruiter.com Short List (use code scaleup)   Scaling Up is the best-selling book by Verne Harnish and our team for Scaling Up Coaches (formerly Gazelles). We share how the fastest-growing companies succeed where so many others fail.   Bill Gallagher, Scaling Coach and host of the show, is an international business coach who works with C-Suite leaders to achieve breakthrough growth.   We help leadership teams with the biggest decisions around People, Strategy, Execution, and Cash so that they can Scale Up successfully and beat the odds of business growth. Scaling Up is based on Verne's original best-selling business book, Mastering the Rockefeller Habits.   Did you enjoy today's episode? If so, then please leave a review! Help other business leaders discover the Scaling Up Business Podcast so they, too, can benefit from the ideas shared in these podcasts.

The Dow Jones Industrial average was down 1.3%, the S&P 500 2.4%, and the Nasdaq Composite 3.4%, late in Monday's trading, as last week's sell-off continues. Ongoing supply chain problems, new pandemic-related lockdowns in China, and Russia's war on Ukraine only make the Federal Reserve's choices more complex as it tries to restrain inflation without tanking the economy. The yield curve steepened sharply, with the difference between the five-year note and the 30-year bond widening to a six-week high. “The bond market is doing the Federal Reserve's job for them,” notes Jared Dillian. “The Fed is too slow in raising the federal funds rate, so the bond market is taking over.” Dillian, editor of The Daily Dirtnap, joins Real Vision's Maggie Lake for today's Daily Briefing to talk about what the bond market knows, what the equity market is figuring out, and what investors can do to protect themselves amid surging volatility. And we hear from Pierre Andurand, CIO of Andurand Capital, about how structural issues plaguing commodities markets could trigger a global financial crisis. Watch the full interview with Pierre Andurand and Raoul Pal here: https://rvtv.io/3MYL3dx Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3N0C0IX Learn more about your ad choices. Visit megaphone.fm/adchoices