{"id":4589,"date":"2022-04-04T06:51:01","date_gmt":"2022-04-04T10:51:01","guid":{"rendered":"https:\/\/envisionco.net\/?p=4589"},"modified":"2022-04-04T06:51:01","modified_gmt":"2022-04-04T10:51:01","slug":"week-ending-4-1-2022","status":"publish","type":"post","link":"https:\/\/envisionco.net\/?p=4589","title":{"rendered":"Week Ending 4\/1\/2022"},"content":{"rendered":"<p>MARKET RECAP<\/p>\n<ul>\n<li>Stocks rallied by 0.21% in the US and by 0.89% outside the US. Bonds were up by 0.76% as interest rates on the 10 and 30-year bonds dropped.<\/li>\n<li>The US added half a 430,000 jobs in March and February was revised up to 750,000. The unemployment rate fell to 3.6%. Interest rates rose on the news as the numbers reflect a strong job market. Average hourly earnings were up 5.6% from one year ago. The labor force participation rate increased to 62.4%<\/li>\n<li>But while the jobs report looked good, the Institute for Supply Management&#8217;s Purchasing Manger Index (PMI) has been slipping. The March number came in at 57.1%, down from 58.6% in February (above 50 is considered expansionary). The new-order index was 53.8%, a sharp drop from 61.7% in February.<\/li>\n<li>Biden said he would release one million barrels a day from the strategic reserve for six months to try to lower gasoline prices. Another bad move as that oil should be saved for when we really need it.<\/li>\n<li>Amazon workers in Staten Island voted to form a union.<\/li>\n<li>Most economists see a 1 in 3 chance of a recession in the next 12 to 18 months due mainly to the Fed&#8217;s not so great record in the past of avoiding recessions when hiking rates.<\/li>\n<\/ul>\n<p>SCOREBOARD<\/p>\n<p><a href=\"https:\/\/envisionco.net\/wp-content\/uploads\/2022\/04\/Scoreboard-04-01-2022.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-4592\" src=\"https:\/\/envisionco.net\/wp-content\/uploads\/2022\/04\/Scoreboard-04-01-2022-91x300.png\" alt=\"\" width=\"91\" height=\"300\" srcset=\"https:\/\/envisionco.net\/wp-content\/uploads\/2022\/04\/Scoreboard-04-01-2022-91x300.png 91w, https:\/\/envisionco.net\/wp-content\/uploads\/2022\/04\/Scoreboard-04-01-2022-312x1024.png 312w, https:\/\/envisionco.net\/wp-content\/uploads\/2022\/04\/Scoreboard-04-01-2022-468x1536.png 468w, https:\/\/envisionco.net\/wp-content\/uploads\/2022\/04\/Scoreboard-04-01-2022.png 573w\" sizes=\"auto, (max-width: 91px) 100vw, 91px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MARKET RECAP Stocks rallied by 0.21% in the US and by 0.89% outside the US. Bonds were up by 0.76% as interest rates on the 10 and 30-year bonds dropped. The US added half a 430,000 jobs in March and &hellip; <a href=\"https:\/\/envisionco.net\/?p=4589\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1893,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4589","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/4589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/users\/1893"}],"replies":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4589"}],"version-history":[{"count":3,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/4589\/revisions"}],"predecessor-version":[{"id":4593,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/4589\/revisions\/4593"}],"wp:attachment":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}