The Market in Pictures, September 5

by | Sep 5, 2025 | Blog, Charts

Our team looks at a lot of research throughout the day. Here are a handful that we think are good summations of investor activity, from jobs and the economy to the FOMC and market sentiment, and earnings impact and long-term winners and losers. Have a great weekend; football is here!

 

Beckham: August’s employment report confirmed recent data showing very little job growth

 

Data as of 09.05.2025

 

 

Ten: shifting FOMC rate expectations significantly lower for the months ahead

 

Source: CME FedWatch Tool as of 09.05.2025

 

 

Joseph: On the good side, workers in the primary 25-54 age range remain well-employed

 

Data as of 09.05.2025

 

 

John Luke: and there is zero sign of concern from corporate bond buyers, who know higher selling prices can help borrowers avoid defaulting

 

Source: TS Lombard as of 09.04.2025

 

 

Brad: Consumers are still spending at a rate above what we’d see in a downturn

 

Source: Strategas as of 09.02.2025

 

 

Brett: with air travel one area where activity has been falling off

 

Data as of August 2025

 

 

John Luke: The next debate for interest rate expectations is whether prices maintain growth rates above FOMC comfort levels

 

Data as of 09.04.2025

 

 

John Luke: coming out of a period where corporate survey data could rise after a long period of hesitancy

 

Data as of 09.04.2025

 

 

Brad: September has earned its reputation as the weakest month of the year for stocks

 

 

 

Jake: perhaps feeding into concerns among individual investors, who won’t let their guard down amidst the rally

 

Source: AAII as of 09.03.2025

 

 

Brian: that said, it’s been an odd year of doubt in a strong market, at least among the crowd that is willing to respond to surveys

 

Source: Bespoke as of 09.04.2025

 

 

Dave: The leaders and laggards of the rally from the April lows have been closely tied to the projection of forward earnings expectations

 

 

 

Brad: explaining the continued attraction of Mag 7 stocks vs. the rest of the market

 

Source: Strategas as of 09.03.2025

 

 

Arch: If you can identify which companies can deliver compounded growth in the coming decade, you’re probably on the right track to good performance

 

Source: Bespoke as of 08.26.2025

 

 

Arch: and nearly as important, avoid tying up money in those who won’t deliver

 

Source: Bespoke as of 08.26.2025

 

 

 

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Advisory services offered through Aptus Capital Advisors, LLC, a Registered Investment Adviser registered with the Securities and Exchange Commission. Registration does not imply a certain level or skill or training. More information about the advisor, its investment strategies and objectives, is included in the firm’s Form ADV Part 2, which can be obtained, at no charge, by calling (251) 517-7198.

Aptus Capital Advisors, LLC is headquartered in Fairhope, Alabama.

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