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Jobs Data, Portfolio Rebalancing

Jobs Data, Portfolio Rebalancing

As markets transition to the fourth quarter, we’ll get the last monthly jobs report before the midterm elections. At a Glance Investors should brace for quarter-end and month-end portfolio rebalancing. Institutional investment managers tend to use these calendar checkpoints to re-evaluate their portfolios. In practice, this often means taking profits on the period’s best-performing assets…Read more

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Jobs Data, Portfolio Rebalancing

The Labor Day Before Labor Day

The Labor Day Before Labor Day

At a Glance The jobs report for August marks the return of market-moving macro news. In particular, economists will be focusing on job growth, wage growth, as well as the balance between labor supply and demand. The last jobs report was mixed, as was the market reaction: On one hand, the economy lost jobs and…Read more

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The Labor Day Before Labor Day