In the first half of this year, the U.S.surpassed two significant milestones. The current economic expansion topped 10-years and Connors Investor Services, Inc. entered its 50th year as an independent investment advisory firm. (The moon landing wasn’t until July!) The economy’s expansion is now the longest...
We have noted in past letters the importance of business labor productivity for the strength and growth of the economy. When output per man hour goes up, so does our overall standard of living. As a result, there has been legitimate concern about relatively anemic...
Following a tumultuous end to calendar year 2018, equity markets rebounded during the first quarter of 2019, with the S&P 500® posting its strongest 3-month opening since 1998. Global equity markets rallied, with the U.S. leading the way. Double-digit quarterly returns were achieved...
Economy and Stock Market The U.S. economy experienced another year of expansion in 2018, completing a near-record-breaking duration of annual increases dating back to 2009. Stocks also moved up through the first three quarters of the year, but then fell sharply because of heightened concern...
The U.S. economy is now into its tenth year of expansion, just eight months shy of matching the longest period of increase on record and showing few signs of slowdown. Economic strength has been broad-based with no segments showing major weakness. Corporate profits have...
Next year, Connors Investor Services will celebrate 50 years in business. In this letter, I would like to highlight some of the major changes we have made over the years. First, a bit of history. The firm was founded in 1969 to fill what...
If market volatility could speak, it would have been heard exclaiming, "The rumors of my death have been greatly exaggerated," during the first quarter of 2018. Alive, indeed, it was. Entering the new year, the market had not seen a down quarter in almost two and...