In the competition for 2024 calendar performance there’s no competition. Momentum and large-cap growth factors continue to outperform the rest of the field by a wide margin, based on a set of ETFs through Tuesday’s close (Oct. 29).
Daily Archives: October 30, 2024
Macro Briefing: 30 October 2024
US job openings fell in September to the lowest level since January 2021. “The low level of quits is consistent with a decline in the availability of employment opportunities,” writes Oxford Economics lead US economist Nancy Vanden Houten. “The steady decline in the quits rate is consistent with wage growth continuing to slow and easing the inflationary impulse from the labor market.”
