Market News

News by the Numbers: Week of April 23, 2018

Five noteworthy figures from the previous week

The improvement in retail sales in March.

This was the first gain in four months, and it beat the 0.4% rise projected by economists surveyed by Bloomberg. Car and truck sales were up 2.0% last month, and consumer purchases at health and personal-care retailers advanced 1.4%, the best monthly showing since 2016.

Source: Bloomberg (1)

The length (in months) of the current U.S. economic expansion.

This stretch of economic growth is now tied for second on the list of expansions since the end of the Great Depression. The last 106-month period without an economic contraction occurred from 1961-69. At 120 months, the 1991-2001 expansion remains first.

Source: Washington Post (2)

$1 billion
What Wells Fargo just agreed to pay in fines to federal regulators.

The banking giant reached a settlement with the Consumer Financial Protection Bureau Friday, and it will pay the largest penalty so far levied by the CFPB as a result. The fine reflects the discovery that some Wells Fargo customers unknowingly paid for auto insurance coverage, while in the CFPB’s view, others “inappropriately” paid for extensions on mortgage rate lock-ins. Wells Fargo announced that it would refund these consumers last year.

Source: USA Today (3)

The percentage of investors who described their outlook as “bullish” last week.

This represents an 8-week peak for the AAII Sentiment Survey (conducted weekly on behalf of the American Association of Individual Investors). A week earlier, only 26.1% of those polled said that they held a bullish outlook, which AAII defines as believing stock prices will be higher six months in the future.

Source: MarketWatch (4)

How much the typical 65-year-old couple may pay for health care in retirement.

Each year, Fidelity Investments estimates future health care costs for new retirees. In its latest annual analysis, Fidelity assumes that one spouse or partner lives to age 87; the other, to age 89. The projected expense increased just 2% for 2018, marking the smallest year-over-year increase since 2014.

Source: CNNMoney (5)


View More Articles

Learn More About BCJ Financial Group


Contact Us




1 – [4/16/18]

2 – [4/18/18]      

3 – [4/20/18]

4 – [4/19/18]

5 – [4/19/18]

Securities offered through World Equity Group, Inc. Member FINRA/SIPC. Advisory Service offered through BCJ Capital Management. World Equity Group, Inc. and BCJ Capital Management are independently owned and operated. BCJ Capital Management is a (SEC) registered investment adviser. Information presented is for educational purposes only. It should not be considered specific investment advice, does not take into consideration your specific situation, and does not intend to make an offer or solicitation for the sale or purchase of any securities or investment strategies. Investments involve risk and are not guaranteed. Be sure to consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note – investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment. BCJ FG 18-67

You Might Also Like