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<strong>Markets in a Minute:&#160;Election Returns: Electrifying or Uneventful?<br/> </strong>

Markets in a Minute: Election Returns: Electrifying or Uneventful?

Earlier this month, I spent a chaotic eight hours in the Austin-Bergstrom airport when severe weather delayed hundreds of flights, stranding thousands of passengers, including myself. Not exactly how I planned to spend a day off. Yet the long stint in the airport – one that I’ve breezed through countless times – served as a reminder of how easy it can be to take infrastructure for granted. 

Infrastructure is the kind of thing we hardly notice until it breaks down, leaving us stuck on a road, in an airport or on an internet connection that wasn’t built to handle so much traffic. In this week’s Markets in a Minute, we look at the global race to expand and upgrade infrastructure and implications for investors. 

<strong>Money with Murphy: Feelings or Felonies: Which Matters More in the Election?</strong>

Money with Murphy: Feelings or Felonies: Which Matters More in the Election?

In this special episode of Money with Murphy, Bobby Gomez, Head of Investment Specialists, KIM, joins Kara Murphy to examine the implications of recent unprecedented political events as the presidential election looms. With high-profile legal cases in the spotlight, Kara and Bobby pose critical questions we should all be asking: Are investors letting their feelings of political bias influence their economic outlook? And how to navigate the emotional rollercoaster of election season to make sound financial decisions? 

<strong>Money with Murphy:&#160;The New Geopolitical Norm: Implications for Investors</strong>

Money with Murphy: The New Geopolitical Norm: Implications for Investors

Last week, we discussed investing during the presidential election. This week, we delve into political risk beyond US borders, examining recent global conflicts and their potential impact on investment strategies. Despite geopolitical tensions, market indicators suggest a surprising calm. Kara shares her thoughts on the most effective strategy for navigating uncertain geopolitical landscapes and managing investment portfolios wisely in this week’s Money with Murphy.

<strong>Markets in a Minute:&#160;Election Returns: Electrifying or Uneventful?<br/> </strong>

Markets in a Minute: Election Returns: Electrifying or Uneventful?

While a party or individual in office can shade economic perceptions, they rarely define the direction of the overall market once a new president is in place. A defining feature of the American political system is the strength of its institutions, which have provided enviable stability for nearly two hundred and fifty years. While politics and our candidates are incredibly important for certain policies, the impact that any one individual can have on the overall market is limited. Kara discusses election years broadly and what’s happened so far this year in this week’s Markets in a Minute.

<strong>Money with Murphy:&#160;Job Market Jigsaw: Putting the Pieces Together</strong>

Money with Murphy: Job Market Jigsaw: Putting the Pieces Together

Last week, we got the first evidence in months that the job market is weakening. In April, 175,000 new jobs were created. That level of job creation, while still quite robust, was lower than expected and marks the lowest level of new jobs in about a year. In addition, the unemployment rate ticked up slightly to 3.9%, suggesting that more people are looking for work. Kara goes under the hood and picks apart some of these numbers, and why weakening in the job market may be a good thing in this week’s Money with Murphy.

<strong>Markets in a Minute:&#160;The Over/Under on Housing<br/> </strong>

Markets in a Minute: The Over/Under on Housing

If you’ve bought a house in the past four years, then you know how difficult it has been to navigate the housing market. In 2021, houses in certain parts of the country were sometimes selling for 20-30% over asking price. While the average price for a home has retreated from its peak, prices remain well above pre-pandemic levels and interest rates are at multi-decade highs, making the cost of owning a home more expensive than ever. Over the last two weeks, recent data releases suggest some reprieve, yet challenges still abound.

<strong>Money with Murphy: Gold: Peak or Possibilities?&#160;</strong>

Money with Murphy: Gold: Peak or Possibilities? 

From Cleopatra’s attempts to use alchemy to turn lead into gold, to California’s gold rush that drew hundreds of thousands of fortune seekers, gold has long been highly sought after. More recently, gold recently reached its all-time high, up over 16% this year, compared to the S&P up just 5%. Unlike other precious metals such as silver and platinum, gold has very limited practical uses. Most gold is used as either jewelry or currency. So why the sudden interest in gold among investors? This is a harder question to answer than you might guess. 

<strong>Markets in a Minute: Higher Ground: First Quarter Market Review and Outlook<br/> </strong>

Markets in a Minute: Higher Ground: First Quarter Market Review and Outlook

The US economy continued to show resilience despite elevated inflation and high interest rates, dampening expectations of interest rate cuts. The broad stock market gained more than 10%, its best start to the year since 2019. All but one S&P 500 sector saw positive returns, a sign of healthier levels of market breadth than in 2023. Kara discusses this and more in this week’s Markets in a Minute.

<strong>Money with Murphy: Q1 Market Review</strong>

Money with Murphy: Q1 Market Review

In the first quarter of this year, the S&P 500 had an impressive start, ending the quarter up over 10%, its strongest first quarter since 2019. The story surrounding the Magnificent Seven has changed and a variety of other names have taken the lead, allowing the market to broaden out. Gold is back in the headlines, finishing up 8% in Q1, hitting all-time highs nearly half of all trading days in March alone. Find out what else happened in this week’s Money with Murphy

<strong>Money with Murphy: Gas Prices on the Rise</strong>

Money with Murphy: Gas Prices on the Rise

Since the beginning of the year, the average price of a gallon of gas in the US has jumped 14%, denting many consumers’ wallets and complicating the Federal Reserve's inflation control efforts. These increases may trigger memories of the steep inflationary surge in gas and other commodities during the COVID era. In June 2022, gas prices nearly doubled from their pre-COVID level to almost $5.50 per gallon. How will higher gas prices impact consumers and ultimately Fed policy? Kara Murphy shares her thoughts in this week’s Money with Murphy.

<strong>Markets in a Minute: Inflation and the Fed<br/> </strong>

Markets in a Minute: Inflation and the Fed

Last week, the Federal Reserve announced no change to interest rates and threw water on any hopes for a rate cut at its next meeting in May. This more-tempered outlook for interest rates stands in contrast to market expectations in late 2023. In November of last year, after nearly two years of sharply rising interest rates, Fed officials first spoke of rate cuts. In celebration, markets rallied in what became known as the “pivot party.” So why the newfound caution? Find out in this week’s Markets in a Minute.

<strong>Money with Murphy: 4th Quarter Earnings Season</strong>

Money with Murphy: 4th Quarter Earnings Season

Corporate earnings grew by 4% compared to the previous year, with nearly 75% of companies reporting earnings that were better than expected. While those beat rates were more or less in line with historic averages, they also confirmed that corporate America is indeed growing again. Q4 marked the second quarter in a row of improved earnings after three consecutive quarters of earnings declines. Kara discusses what other trends stood out in this week’s Money with Murphy.

<strong>Markets in a Minute: Supply Chain Disruptions, Again?</strong>

Markets in a Minute: Supply Chain Disruptions, Again?

Beginning in the early days of Covid, supply chains around the world became snarled, making it difficult to find everything from couches to computer chips for automobiles. While inventory levels of most manufactured goods have since returned to normal levels, some supply chains are threatened anew by geopolitical and environmental stress in key shipping channels such as the Red Sea and the Panama Canal. As the Fed continues to wrestle with inflation, how much impact could these shipping disruptions have on inflation and the global economy?

<strong>Money with Murphy: Why You Shouldn't Care About the Dow</strong>

Money with Murphy: Why You Shouldn't Care About the Dow

The Dow Jones Industrial Average, or “The Dow”, is one of the oldest and most widely followed stock indices in the US. First published in 1886 by Charles Dow, the index consisted of 12 industrial companies. Since then, it has grown to 30 companies and has tilted further away from its industrial roots. But should you care about the Dow? Kara answers this and addresses the flaws of the Dow in this week’s Money with Murphy. 

<strong>Markets in a Minute: The Magnificent 7</strong>

Markets in a Minute: The Magnificent 7

Over the course of 2023, seven of the largest stocks in the United States collectively doubled in value, earning the moniker “The Magnificent 7.” After such impressive performance, what comes next?

<strong>Money with Murphy: Can the Super Bowl Predict the Stock Market?</strong>

Money with Murphy: Can the Super Bowl Predict the Stock Market?

Can the Super Bowl predict the stock market? The Super Bowl indicator was first introduced in 1978 by sports reporter Leonard Koppett, arguing that a win by a team from the NFC meant the stock market would likely go up that year. The indicator had an impressive success rate of 95% for more than thirty years. More recently, however, the indicator has had a much less convincing track record of predicting market moves, including the last two times that the Kansas City Chiefs won.

<strong>Markets in a Minute: History Lessons: Market Performance in Presidential Election Years</strong>

Markets in a Minute: History Lessons: Market Performance in Presidential Election Years

One month into the new year, and one thing’s for certain: The presidential election will continue to grab headlines and grip the nation’s attention for the better part of 2024. How might this impact investors in terms of perceptions and actual market performance? We explore these questions, in the context of historical data, in this week’s Markets in a Minute.

<strong>Money with Murphy:&#160;</strong><strong>The Evolution of Bitcoin</strong>

Money with Murphy: The Evolution of Bitcoin

Let’s talk about bitcoin. On January 10, the SEC approved the long-awaited listing and trading of 11 spot bitcoin exchange traded products. What exactly does this mean for investors?

<strong>Money with Murphy:&#160;</strong><strong>2024 Market Outlook</strong>

Money with Murphy: 2024 Market Outlook

2023 was full of surprises for investors. Some of the most heard predictions for the year actually never materialized at all: a recession in the US and other developed markets, the death of fixed-income as a valid asset class, sticky inflation and a rebound in China. Instead, investors enjoyed some positive surprises. Stocks rose handily, led by technology, communication services, and consumer discretionary stocks. Bonds also rose. So, after last year’s pretty exceptional performance, what can we expect for 2024?

We covered all of this and more in 2024’s first edition of Money with Murphy

<strong>Money with Murphy: Wrapping Up 2023- A Year-End Video Medley</strong>

Money with Murphy: Wrapping Up 2023- A Year-End Video Medley

2023 was an eventful year across many areas of the economy and the market. The Fed raised interest rates to the highest we’ve seen since 2001. Oil prices stayed in the conversation for much of the year. Fixed income performance was mixed after a really disappointing 2022, while equity indexes soared, albeit driven by just a handful of names. We covered all of this and more in our Money with Murphy videos produced over the course of the year.

In this week’s Money with Murphy, watch a medley of our top clips from the most discussed topics in 2023.

<strong>Money with Murphy: Santa Claus Rally Comes Ahead of Schedule</strong>

Money with Murphy: Santa Claus Rally Comes Ahead of Schedule

While not true with every turn of the calendar, September tends to have the worst equity returns and October tends to witness more market bottoms than any other month. The good news is that those disappointing returns are often followed by a more positive experience often referred to as the “Santa Claus Rally.” This year, holiday festivities appear to be starting a little early. Watch this week’s Money with Murphy to learn what brought Santa Claus to town ahead of schedule and whether he is likely to stick around.  

<strong>Markets in a Minute:&#160;</strong><strong>Real Estate Pulse Check</strong>

Markets in a Minute: Real Estate Pulse Check

The recent bankruptcy filing of office-sharing company WeWork provided a stark example of the toll higher interest rates have taken on real estate, one of the most rate-sensitive sectors of the economy. Yet not all areas of this critical sector have performed the same way. Read on for a look at how residential and commercial real estate are faring in today’s higher-rate environment in this week’s Markets in a Minute.

<strong>Money with Murphy: Here We Go Again</strong>

Money with Murphy: Here We Go Again

Here we go again… a potential government shutdown AND a change to the outlook for US government credit. Kara reviews historical government shutdowns, last week’s Moody’s credit rating downgrade, and what this could all mean for markets in this week’s Money with Murphy

<strong>Markets in a Minute:&#160;</strong><strong>The Impact of Rising Rates</strong>

Markets in a Minute: The Impact of Rising Rates

Over a year and a half ago, the Federal Reserve began raising the fed funds rate in an effort to slow inflation, which had reached rates not seen in decades. Since then, inflation has subsided substantially, yet interest rates have continued rising. Learn what’s driving those rate increases and possible implications for consumers, businesses, and investors in this week’s Markets in a Minute.

<strong>Money with Murphy: Earnings Season: An Unusual Trend</strong>

Money with Murphy: Earnings Season: An Unusual Trend

Despite corporate earnings improving over the quarter, stocks are still getting punished. At the end of October, of the nearly 50% of companies in the S&P 500 who had reported quarterly earnings, nearly 80% of those reported better-than-expected results. Yet, those stocks haven’t enjoyed the lift that we would normally see. 

Watch this week’s Money with Murphy to learn what this unusual phenomenon might foretell for market performance later this year.   

<strong>Money with Murphy: Third Quarter Market Review and Outlook</strong>

Money with Murphy: Third Quarter Market Review and Outlook

After a surprisingly strong start to the year, the third quarter was a little less rosy. We saw an additional interest rate increase, lackluster performance by the Big 7, and disappointing returns across a variety of asset classes. For more detail on what happened in Q3 and where we are seeking opportunity in Q4, watch this week’s Money with Murphy. 

<strong>Markets in a Minute:&#160;</strong><strong>How the Israel-Hamas Conflict Might Impact the Markets </strong>

Markets in a Minute: How the Israel-Hamas Conflict Might Impact the Markets

On Saturday, October 7, 2023, the world witnessed a dramatic turn of events as the militant group Hamas launched a coordinated attack on Israel by air, land, and sea. As of Monday, the toll of this conflict is already devastating, with more than 1,500 lives lost from both sides, and more than 2,200 people being injured, according to health authorities. Our hearts go out to those directly and indirectly affected by this conflict.

<strong>Markets in a Minute:&#160;</strong><strong>Will Student Loan Re-Payments Weigh Down the Economy?</strong>

Markets in a Minute: Will Student Loan Re-Payments Weigh Down the Economy?

With the federally mandated pause on student loan repayments expiring this month, borrowers are now responsible for resuming payments on an astonishing $1.7 trillion in outstanding debt. Although one may assume these repayments will negatively affect the economy, several factors could help limit the impact.

<strong>Money with Murphy: What's Causing the Increase in Gas Prices?</strong>

Money with Murphy: What's Causing the Increase in Gas Prices?

The price of a gallon of gas has increased by 20% year-to-date. What’s driving the recent price increases, and what impact is costlier gas likely to have on the U.S. consumer, and consequently, the markets? Watch this week’s Money with Murphy for our view.

<strong>Markets in a Minute: Will the United Auto Workers Strike Impact the US Economy?</strong>

Markets in a Minute: Will the United Auto Workers Strike Impact the US Economy?

With car prices already high, energy prices climbing, and wages in aggregate already rising faster than the Federal Reserve is comfortable with, what impact will the United Auto Workers strike have on the broader economy?

<strong>Markets in a Minute: How Can Investors Benefit from AI? </strong>

Markets in a Minute: How Can Investors Benefit from AI?

With the introduction of ChatGPT and other tools that harness artificial intelligence, a new technological revolution has begun, like it or not.  How might recent AI innovations impact the markets, for better or for worse?  Read this week’s Markets in a Minute to learn more.  

<strong>Money with Murphy: Recent Events in Russia</strong>

Money with Murphy: Recent Events in Russia

Over the weekend, Russian president Vladimir Putin faced a rebellion from one of his closest allies, Yevgeny Prigozhin. What does this mean for the global economy and markets?  Hear Kara’s view in this week’s Money with Murphy.

<strong>Money with Murphy: Size and Sector Winners and Losers</strong>

Money with Murphy: Size and Sector Winners and Losers

A couple of weeks ago we talked about how size had become an important determinant of winners in the market, with mega caps leading the charge. Yet, this month, small caps have taken the stage. Watch this week’s Money with Murphy to learn about recent rapid market shifts and how to capture the benefits of holding top performers over time.

<strong>Markets in a Minute Fundamentals: How to Survive and Thrive During Financial Bubbles</strong>

Markets in a Minute Fundamentals: How to Survive and Thrive During Financial Bubbles

Staying disciplined and sticking to a financial plan during a bubble's upswing can take extraordinary discipline - even Isaac Newton couldn't do it! Read this week's How to Survive and Thrive During Financial Bubbles, part of our Fundamentals of Investing series, to learn how discipline and consistency were rewarded during the previous two bubbles.

Money with Murphy: Time to Double Down on Large-Cap Winners?

Money with Murphy: Time to Double Down on Large-Cap Winners?

Over the last three months, the ten largest stocks in the index have gained over 9% (percent) while the ten smallest have declined by 10% (percent) – an enormous disparity.  What does this unusual market concentration mean for future returns?  Should we double-down on recent winners?  Get Kara’s take in this week’s Money with Murphy.