What We Were Reading and Watching this Week
Enjoy, look forward to hearing any feedback, questions, and comments!
Economy
The Leading Economic Indicator (LEI) from the Conference Board has fallen 0.3% in March after a brief, one-month improvement in February.
The LEI has declined 24 out of the last 25 months and continues to point to a recessionary outlook.
Half of the ten components that make up the LEI were negative. The majority of the decline was driven by adverse monetary conditions (negative yield spread) along with weakness in building permits, consumer sentiment, and new orders.
NFIB Small Business Optimism Index decreased by 0.9 of a point in March to 88.5, the lowest level since December 2012.
This is the 27th consecutive month below the 50-year average of 98. The net percent of owners raising average selling prices rose seven points from February to a net 28% percent seasonally adjusted.
Markets
TECHNICAL UPDATE
Stock Market Leadership continues to be mixed, with one of our key indicators still in a neutral stance.
We will be watching this closely and will adjust portfolios accordingly if warranted.
Please schedule a call with any questions regarding our Core & Protect risk management process.
https://calendly.com/jstanton-1/stanton-group-introduction-with-john-stanton
Health and Wealth
Integrative Medicine
Integrative Medicine (IM) is healing-oriented medicine that takes account of the whole person, including all aspects of lifestyle. It emphasizes the therapeutic relationship between practitioner and patient, is informed by evidence, and makes use of all appropriate therapies.
Saw this video last week, a good overview of the practice of Integrative Medicine, with Dr. Enrique Saguil, MD, a practitioner in Hoffman Estates, Il.
https://www.youtube.com/watch?v=Rbp_KcG8pFY
WSJ Reading
Came across this article, forwarded from Mike Rowe, CEO, Founder, of the Mike Rowe Works Foundation.
As the CEO of the Mike Rowe WORKS Foundation, he’s awarded nearly seven million dollars in work-ethic scholarships and led a national effort to reintroduce shop class into high schools, which he’s delighted to report seems to be working.
The article reviews the revival of our young generation taking the career path into the skilled trades, the opportunities, and highlights several success stories.
https://www.wsj.com/lifestyle/careers/gen-z-trades-jobs-plumbing-welding-a76b5e43
You can find out more about Mike's foundation here.
John is the founder of The Stanton Group WP. With more than three decades of experience in the financial services industry, and through SeaCrest Wealth Management, serves as the Registered Investment Advisor representative for clients, focusing on financial planning and the investment strategies to support their financial plan.
Based in Naperville, Illinois, John serves clients in Naperville, Plainfield, Darien, Aurora, Geneva, St Charles, and throughout the Chicagoland area.
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