What can we help you find?
INDIVIDUAL RETIREMENT ACCOUNT: The name says it all
Back to the blog

The Two Charts You Need to Know

Economists produce all manner of tables and graphs to track the economy’s performance.  If we could choose only two, they would be the following. 

Weekly Jobless Claims reports the number of workers filing for unemployment insurance on a weekly basis. It tracks in near real-time the health of the jobs market, and presently shows a generational low in unemployment claims. 

High Yield Corporate Bond Spreads compares the yield on risky corporate bonds versus the yield on high-quality Treasury securities.  When that spread is narrow, as it is today, it suggests the financial system and lending markets are in good shape.  All told, these two indicators confirm the message from the stock market that the U.S. economy is performing well. 

Chart Sources (top and bottom): Hefren-Tillotson, Bloomberg; Data as of 8/31/18.

DISCLAIMER: Past performance does not predict future results. This report is based on data obtained from sources we believe to be reliable. Hefren-Tillotson does not, nor any other party, guarantee the accuracy or completeness of this report or make any warranties regarding results obtained from its usage. All opinions and estimates included in this report constitute the firms judgment as of the date of this report and are subject to change without notice. This report is for informational purposes only and is not intended as an offer or solicitation to buy or sell the securities herein mentioned.
Brian J. Koble, CFA®
Chief Investment Officer

Questions about this article?

Hefren-Tillotson Inc. is a leading diversified financial services firm providing investment and retirement plan management and comprehensive, financial planning through MASTERPLAN® for individuals and businesses. The firm’s wealth management services are administered by Certified Financial Planner (CFP) professionals, Chartered Financial Analyst (CFA) Charter holders, attorneys, Chartered Life Underwriters, and CPA/PFS’s. Hefren-Tillotson offers corporate services including 401(k) retirement planning, executive financial counseling, fiduciary reviews and workplace financial planning seminars. Founded in 1948, the firm is headquartered in Pittsburgh and has offices located in Pittsburgh, Butler, Greensburg, North Hills, and South Hills.