March 29, 2024 US stocks rose steadily during the first quarter, with the S&P 500, NASDAQ, and Dow indices each setting, then repeatedly resetting record highs. Growth stocks led the charge during January and February, before relinquishing the lead to Value stocks in March. The stock market’s strength was impressive, given that multiple reports...
December 14, 2023 Stronger than expected job growth and a sharp escalation in Mideast tensions pressured both stocks and long-term bonds in October. During November, smaller than expected increases in many price indexes raised expectations that the Fed might be ready to cut interest rates in 2024. This triggered rallies in both stocks and...
The US stock market rallied in July, helped along by better-than-expected economic data and inflation continuing to trend lower. Stocks declined at the start of August due to several factors including a downgrade of the credit rating for US bonds by rating agency Fitch, the US Treasury issuing more government debt than expected, and a conservative...
Financial markets began 2023 with a strong January rally propelled by hope that central banks would soon declare victory over inflation. During February, stocks and bonds gave up most of these gains as larger than expected consumer price increases prompted Federal Reserve officials to declare that interest rates would need to move higher, and remain...
In 2019 Congress took an important step in improving retirement opportunity for Americans by passing the Secure Act that incentivized saving for retirement and increasing access to workplace plans. The legislation proved to need further refining and direction to reach its true goals. In December 2022, Secure Act 2.0 was passed by Congress. Below are...
Job loss: Though it’s likely to happen to everyone at some point, periods of unemployment can be some of the most difficult, anxiety-inducing financial moments many of us will ever encounter. For most Americans, the majority of income each year comes from earned wages and salary. Without a strong plan in place, losing that income...
When it comes to accumulating wealth, the millennial generation – today’s 30-40-year-olds – are lagging far behind older Americans. While millennials’ median debt levels are far higher than their parents’ generation, they’re trailing in income and wealth, making it harder for them to save for the big financial milestones in life. One of those milestones...
Check out the short clip below to learn more about commodities, derivatives, and foreign currencies. For more information, a personalized dive into your current portfolio and what investment allocations may or may not be a good tools for your portfolio, contact one of our financial advisors today.
Check out the short clip below to learn more about how Stocks, Bonds, and Cash can help balance the risk in your portfolio. For more information, a personalized dive into your current portfolio and assessing how your personal risk comfort effects the balance of these in your portfolio; contact one of our financial advisors today.
The NCAA just issued a game changing new ruling: For the first time ever, college athletes will now be able to profit off their names, images, and likenesses (NIL). This is one of the most significant changes ever in college sports. Although many details are yet to be ironed out, one thing is for sure:...
We are a family business, not affiliated with any other location that may carry the same or similar name.