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Northwestern Mutual - Steve Schwalje - Strong Economic Data Casts Doubts on Prospects for a Soft Landing

 
 
     
Market Commentary SEPTEMBER 11, 2023 Northwestern Mutual
 
 
EXPERT INSIGHTS ON THE CHANGING MARKET
   
 
 
 
  Man reading Northwestern Mutual?s weekly market commentary.  
 
  Strong Economic Data Casts Doubts on Prospects for a Soft Landing  
 
  Strong economic data and continued wage gains may thwart the Fed’s efforts to achieve a soft landing.  
 
   
 
 
 
 
Week ended... 09/1/23 09/8/23 One Week Change YTD One Year
S&P 500 Index 4,515.77 4,457.49 -1.29% +17.43% +13.15%
MSCI EAFE Index 2,104.02 2,074.02 -1.43% +9.62% +19.16%
Barclays Capital U.S.
Aggregate Bond Index
2,067.05 2,060.85 -0.30% +0.59% -1.11%
10-year Treasury Note Rate 4.180% 4.267% +8.7 bps +39.0 bps +94.8 bps
 
 
 
 
 
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Steve Schwalje https://media.northwesternmutual.com/images/field/person/87732594/7f5d693c-f6c4-452b-8904-ac799cb3f14b.jpg
 
 
Steve Schwalje
RICP®
Financial Advisor
CA License: 0M94332
603-818-0855
 
EMAIL  ›
 
WEBSITE  ›
 
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