Skip to content

Signs of Easing Strength in the Job Market May Not Be Enough for the Fed

View in a browser To get more online, login or register

Market Commentary AUGUST 7, 2023 Northwestern Mutual
EXPERT INSIGHTS ON THE CHANGING MARKET
Woman reading Northwestern Mutual’s weekly market commentary.
Signs of Easing Strength in the Job Market May Not Be Enough for the Fed
Recent data suggests the employment picture may be heading for an inflection point. Here’s our look at why that may not be enough to satisfy the Federal Reserve.
Week ended… 07/28/23 08/04/23 One Week Change YTD One Year
S&P 500 Index 4,582.23 4,478.03 -2.27% +17.74% +9.69%
MSCI EAFE Index 2,196.24 2,143.22 -2.41% +12.90% +14.29%
Barclays Capital U.S.
Aggregate Bond Index
2,087.52 2,075.18 -0.59% +1.29% -4.09%
10-year Treasury Note Rate 3.953% 4.037% +8.4 bps +16.0 bps +134.8 bps
Time for a career change?

It can bring up all sorts of financial considerations. We’re here to help you make the best financial decisions now, and down the road, so your pivot is a success.

Please reach out if you have questions about your portfolio or would like to discuss your investment goals.
Ben J Bowden https://media.northwesternmutual.com/images/field/person/87695968/2e9e9d87-cf6d-4474-a934-f666b1b77b1e.jpg
Ben J Bowden
Wealth Management Advisor
CA License: 4257963
972-731-4000
EMAIL  ›
WEBSITE  ›
View disclosures
Ben J Bowden, 2591 Dallas Pkwy Ste 401, Frisco, TX 75034

Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company and its subsidiaries. Life and disability insurance, annuities, and life insurance with long-term care benefits are issued by The Northwestern Mutual Life Insurance Company, Milwaukee, WI (NM). Long-term care insurance is issued by Northwestern Long Term Care Insurance Company, Milwaukee, WI, (NLTC) a subsidiary of NM. Investment brokerage services are offered through Northwestern Mutual Investment Services, LLC (NMIS) a subsidiary of NM, broker-dealer, registered investment adviser, and member FINRA and SIPC. Investment advisory and trust services are offered through Northwestern Mutual Wealth Management Company® (NMWMC), Milwaukee, WI, a subsidiary of NM and a federal savings bank. Products and services referenced are offered and sold only by appropriately appointed and licensed entities and financial advisors and professionals. Not all products and services are available in all states. Not all Northwestern Mutual representatives are advisors. Only those representatives with “Advisor” in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services.

This email is an advertisement for products and services of Northwestern Mutual.

Our commitment to privacy: At Northwestern Mutual, your privacy is important to us. For more information about our privacy practices, please review our privacy notices.

If you would no longer like to receive Weekly Market Commentary, unsubscribe.

If you prefer not to receive any educational or promotional emails for products and services from Northwestern Mutual, unsubscribe.

©2023 The Northwestern Mutual Life Insurance Company, 720 E Wisconsin Ave Milwaukee, WI, 53202-4703, US
All Rights Reserved.

Northwestern Mutual

Leave a Comment