{"id":8101,"date":"2019-07-09T18:50:30","date_gmt":"2019-07-09T18:50:30","guid":{"rendered":"https:\/\/zackspcg.com\/blog\/?p=8101"},"modified":"2022-02-26T13:07:15","modified_gmt":"2022-02-26T13:07:15","slug":"trade-truce-banks-declared-healthy-skilled-workers-needed","status":"publish","type":"post","link":"https:\/\/zacksim.com\/blog\/trade-truce-banks-declared-healthy-skilled-workers-needed\/","title":{"rendered":"Trade truce, banks declared healthy, skilled workers needed"},"content":{"rendered":"\n

We hope you are\nenjoying your 4th<\/sup> of July weekend! To add to the celebration, this\nweek we saw several positive developments such as a trade truce, developments\nin job training and, for the second time in 10 years, all major banks\npassing the Federal Reserve\u2019s stress tests. Read on to get the details.<\/p>\n\n\n\n

Trade Truce, For Now\n\u2013 <\/strong>At the G20 Summit in Japan last weekend, President Trump and Chinese\nPresident Xi Jinping calmed the markets by announcing a \u2018trade truce,\u2019 whereby the\ntwo sides would return to trade negotiations and the U.S. agreed to ease\nrestrictions on Chinese companies wishing to purchase high-end technology\nequipment from U.S. companies. On the Chinese side, they agreed to increase\npurchases of U.S. agricultural goods in an effort \u2013 albeit a modest one \u2013 to\ncut the trade deficit. But perhaps the best news to come from the summit was\nthe U.S. agreeing to suspend, indefinitely, the new tariff increase to 25% on\nbillions of Chinese goods.1<\/sup> <\/p>\n\n\n\n

Job Training Crucial\nin the Modern Economy \u2013 <\/strong>As the U.S. economy continues to expand and add new\njobs, there is growing awareness of a major issue in the labor market: The\nnumber of job openings in the U.S. now outnumbers\n<\/em>the number of unemployed Americans \u2013 by a staggering 1.625 million. The\nreason: Many of these new jobs involve specialized skills or specialized\ntraining, which low skilled Americans simply do not have. To address this\nproblem, new training is required and programs are needed to push Americans\nfurther up the skilled labor pool. Apprenticeships are one approach to solving\nthe problem \u2013 classroom education combined with on-the-job training for skilled\npositions. For some time, the federal government ran apprenticeship programs\nthrough the Labor Department, but the Trump Administration is pushing a\nproposal to allow business groups, colleges, and other entities to take the\nreins. The success of these types of apprenticeships and job training could be\ncrucial to long-term growth trajectories and labor force participation in the\nUnited States.2<\/sup><\/p>\n\n\n\n

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Do You Know How These Economic Indicators Could Affect Your Investments?<\/a><\/strong><\/p>\n\n\n\n

It can be challenging as an investor to stay on top of all\nthe important news stories and economic indicators that shape the market. <\/p>\n\n\n\n

You don\u2019t need to become an expert. However, having a grasp\nof key economic and financial statistics\u2014from the inflation rate to the new\ncorporate tax rate\u2014can provide insight into how key variables might influence\nyour returns, and could potentially help you reach your financial goals with\nmore confidence.<\/p>\n\n\n\n

If you have $500,000 or more to invest, get our free guide, 6\nEssential Concepts to Help You Pursue Investing Success<\/em>.3<\/sup> It\u2019s a\nvaluable resource that walks you through influential data, from the\nunemployment rate to corporate earnings, and our views on how these factors\ncould affect your investments.<\/p>\n\n\n\n

Download Our New Guide – <\/a>6 Essential Concepts to Help You Pursue Investing Success<\/a><\/em><\/strong><\/p>\n\n\n\n

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All Major Banks Pass\nStress Tests \u2013 <\/strong>For only the second time in 10 years, all 18 major U.S.\nbanks passed the second round of the Federal Reserve\u2019s stress tests, the annual\nexercise used to determine if banks are sufficiently capitalized to withstand a\nmajor U.S. downturn. The standards for passing the tests are fairly stringent \u2013\nbanks are tested to see if they could withstand a 50% decline in stock prices\nplus 10% U.S. unemployment after they\u2019ve increased share buybacks and\ndividends. The positive results are a sign that U.S. banks are now in their\nstrongest financial position since prior to the Great Recession, and it also\nclears banks to return profits to shareholders through increased dividends or\nmore share buybacks.4<\/sup> <\/p>\n\n\n\n

In addition to keeping up with relevant news stories, it is\nimportant to understand key economic indicators and financial statistics that\ncould influence your investments. <\/p>\n\n\n\n

From the inflation rate to the new corporate tax rate,\ninsight on these factors can help you better understand how these variables\nmight influence your returns, and could potentially help you reach your\nfinancial goals with more confidence.<\/p>\n\n\n\n

If you have $500,000 or more to invest, get our free guide, 6\nEssential Concepts to Help You Pursue Investing Success<\/em>.5<\/sup> It\u2019s a\nvaluable resource that walks you through influential data, from the\nunemployment rate to corporate earnings, and our views on how these factors\ncould affect your investments.<\/p>\n","protected":false},"excerpt":{"rendered":"

All major banks pass stress test, U.S.-China trade tensions ease, options to train workers <\/p>\n","protected":false},"author":3,"featured_media":7426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71,73],"tags":[],"class_list":["post-8101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-client-group","category-steady-investors-week"],"acf":[],"_links":{"self":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/8101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/comments?post=8101"}],"version-history":[{"count":1,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/8101\/revisions"}],"predecessor-version":[{"id":10740,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/8101\/revisions\/10740"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/media?parent=8101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/categories?post=8101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/tags?post=8101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}