Northwestern Mutual - Steve Schwalje, Financial Advisor - How a strong January may paint a misleading economic picture

May 02, 2023

CommunityGeneral News ArticleEducationPress ReleaseEconomicHuman Interest


	MAY 1, 2023

EXPERT INSIGHTS ON THE CHANGING MARKET




	Why the Latest GDP Numbers May Not Be What They Seem

	Initial estimates for Q1 Gross Domestic Product have reintroduced fears of stagflation. Here is our look at why the headline numbers may not show the whole story.

Week ended...	04/21/23	04/28/23	One Week Change	YTD	One Year
S&P 500 Index	4,133.52	4,169.48	+0.87%	+9.16%	-1.08%
MSCI EAFE Index	2,146.26	2,143.85	-0.11%	+11.83%	+10.27%
Barclays Capital U.S. Aggregate Bond Index	2,104.68	2,122.20	+0.83%	+3.59%	-0.93%
10-year Treasury Note Rate	3.574%	3.425%	-14.9 bps	-45.2 bps	+60.0 bps

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