Please note: The full Weekly Market Review is in the PDF below.
1. This week’s economic data painted a mixed but still resilient picture of the U.S. economy. ISM Manufacturing rose to 55.6, while ADP private payrolls increased by only 44,000, signaling some cooling in hiring. Initial jobless claims remained contained at 199,000, while productivity grew 1.4% and unit labor costs rose 1.3%. The biggest market mover comes Friday with nonfarm payrolls, unemployment, and wage growth, which could influence expectations for Fed policy…
2.THE MAIN STORY THIS WEEK FOCUSES ON China’s Deflation Problem May Be Exporting Disinflation to the U.S.China continues to struggle with weak consumer demand, excess manufacturing capacity, and intense price competition. While deflation is a problem for China, it may actually provide some relief for U.S. consumers.
3.SpaceX’s first earnings report as a public company gave investors plenty to be excited about. Revenue growth was exceptional, and importantly, the strength was spread across Starlink, AI, and the traditional space business…
4. World Watch
- Negotiators appear to be moving closer to a temporary agreement that would reopen the Strait of Hormuz, one of the world’s most important energy shipping lanes. If successful, the deal could reduce pressure on global oil markets, improve shipping flows, and ease some near-term inflation concerns. However, investors should view this as a tactical development rather than a permanent solution
- China’s decision to tax offshore trusts is another step in its effort to tighten oversight of cross border wealth and improve tax compliance.
- An updated snapshot of the current global state of economy.
5. Quant & Technical Corner: a selection of quantitative & technical data we monitor on a regular basis to help gauge the overall financial market conditions and the investment environment.
From the desk of our Chief Investment Officer
As an investment professional with over twenty-six years of experience in the financial services industry, Andrew helps clients to protect, grow and transfer wealth during their lifetime with customized strategies.
Education, Professional Licenses Acquired & Affiliations
- Passed the Series 7, 63, 65 and 24 license examinations
- Currently holding Series 65 License
- BA in Economics – Boston University (Boston, MA) 1993
- Certificate in Commodities Trading – New York University (New York, NY) 1991
- Certificate in Financial Planning – New York University (New York, NY) April 2011
With extensive experience in the Financial Services Industry, Andrew Tang and Turner Financial Group offer wealth management services using a disciplined, client-focused approach tailored to each client’s financial circumstances and objectives in collaboration with Dedicated Financial.
Len writes much of his own content, and also shares helpful content from other trusted providers like Turner Financial Group (TFG). Â
The material contained herein is intended as a general market commentary, solely for informational purposes and is not intended to make an offer or solicitation for the sale or purchase of any securities. Such views are subject to change at any time without notice due to changes in market or economic conditions and may not necessarily come to pass. This information is not intended as a specific offer of investment services by Dedicated Financial and Turner Financial Group, Inc.
Dedicated Financial and Turner Financial Group, Inc., do not provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
 Any hyperlinks in this document that connect to Web Sites maintained by third parties are provided for convenience only.  Turner Financial Group, Inc. has not verified the accuracy of any information contained within the links and the provision of such links does not constitute a recommendation or endorsement of the company or the content by Dedicated Financial or Turner Financial Group, Inc. The prices/quotes/statistics referenced herein have been obtained from sources verified to be reliable for their accuracy or completeness and may be subject to change.Â
 Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. The views and strategies described herein may not be suitable for all investors. To the extent referenced herein, real estate, hedge funds, and other private investments can present significant risks, including loss of the original amount invested. All indexes are unmanaged, and an individual cannot invest directly in an index. Index returns do not include fees or expenses.
 Turner Financial Group, Inc. is an Investment Adviser registered with the United States Securities and Exchange Commission however, such registration does not imply a certain level of skill or training and no inference to the contrary should be made. Additional information about Turner Financial Group, Inc. is also available at www.adviserinfo.sec.gov. Advisory services are only offered to clients or prospective clients where Turner Financial Group, Inc. and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Turner Financial Group, Inc. unless a client service agreement is in place.
