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Search resuls for: "Kelly Services"


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Despite a strong job market, human resources and employment services stocks have taken a beating lately. That could signal an economic slowdown ahead. Since March 1, the S & P 1500 Composite Human Resource & Employment Services Sub-Industry has seen accelerated underperformance versus the broader S & P Composite 1500 index. Large drawdowns in the jobs-related sub-industry tend to precede recessions and larger increases in unemployment. See below for details on how stocks in the S & P 1500 Composite Human Resource & Employment Services Sub-Industry have performed in recent months.
Persons: Dow Jones, nonfarm payrolls, Robert, ASGN, Korn, — CNBC's Michael Bloom Organizations: Industry, U.S . Bureau of Labor Statistics, ADP, Dow, Robert Half International, Wednesday, UBS, Robert Half, Kelly Services
With only a small fraction of the S & P 500 left to report quarterly earnings, investors are now turning their focus to another major hurdle for the markets and economy: the debt ceiling crisis. Earlier this week, we looked back to debt limit crisis of 2011 for potential lessons. The protracted fight ultimately ended in an agreement in early August of that year, but it was a choppy summertime ride for investors. Within the portfolio, Wynn Resorts will report Tuesday, after the closing bell, and Disney will report on Wednesday, after the closing bell. Estee Lauder (EL) and Emerson Electric (EMR) reported earnings before the opening bell.
Looking forward The January consumer price index (CPI) , which calculates the average change over time in prices that shoppers pay for goods and services, is slated for Tuesday. Economists and investors will use the number to gauge the odds of a soft landing or hard landing for the economy. The producer price index (PPI) for January, which calculates the change in selling prices received by producers of goods and services, is out on Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
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