The key question these days for judging the outlook for the US economy: Is the sharp slowdown in job growth in May a sign of trouble in the months ahead or just a temporary blip for an otherwise healthy if aging economic expansion? We’ll have the first installment on an answer when the government publishes the June employment report in a few weeks. Meantime, the incoming numbers paint a mixed profile overall for the US macro trend, although there’s still no smoking gun for arguing that a new recession started last month via a broad review of the data.
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Daily Archives: June 20, 2016
Last Week’s Top Performer Among Major Asset Classes: US REITs
US real estate investment trusts claimed the lead last week for total returns among a set of proxy ETFs for the major asset classes. The Vanguard REIT (VNQ) increased 1.1% for the five trading days through June 17, marking the ETF’s fourth straight weekly gain.
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