Investment Management
Morning Market Commentary Q1 2023
During the first quarter of 2023 sentiment started off hot with great gains in January but had its ebbs and flows throughout the quarter. The belief that the Federal Reserve was going to be able to tame inflation and the economy would be able to establish a “soft landing” in terms of a possible recession…
Read MoreMonthly Market Insights | March 2023
US Markets Stock prices stumbled in February due to growing worries that the Fed would maintain its tight monetary posture in the face of continuing inflation. For the month, the Dow Jones Industrial Average lost 4.19%, whereas the Standard and Poor’s 500 Index fell 2.61%. The Nasdaq Composite which was up nearly 11% in January,…
Read MoreMonthly Market Insights | February 2023
US Markets Stocks rallied in January as moderating inflation, a better-than-feared earnings season, and healthy economic data put investors in a buying mood. For the month, The Dow Jones Industrial Average rose 2.83%. The Standard & Poors 500 Index jumped by 6.18% and the Nasdaq Composite rose 10.68%. Shift in Sentiment The stock market opened…
Read MoreSecure Act 2.0: Here’s what you need to know
In the final days of 2022, Congress passed a new set of retirement rules designed to make it easier to contribute to retirement plans and access those funds earmarked for retirement. The law is called SECURE 2.0, and it’s a follow-up to the Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in 2019.…
Read MoreMorning Market Commentary Q4 2022
In an otherwise volatile and ugly year, the fourth quarter of 2022 turned out to be a pleasant surprise. Sentiment turned optimistic mainly led by better-than-expected corporate earnings and Year-over-Year inflation rates coming down from a peak of 9.1% in June 2022. S&P, Dow, and NASDAQ The S&P 500 was able to climb higher by…
Read MoreMonthly Market Insights | December 2022
US Markets Stocks surged higher in November on rising optimism that the Fed would slow down future interest rate hikes. The Dow Jones Industrial Average gained 5.67%. The Standard & Poor’s 500 Index picked up 5.38% and the Nasdaq Composite rose 4.37%. Value stocks continued to outperform the market during the month of November. A…
Read MoreMonthly Market Insights | November 2022
Stocks posted big gains in October, propelled by better-than-expected corporate reports. The Dow Jones Industrial Average led, gaining 13.95%. The Standard & Poors 500 Index tacked on 7.99% and the Nasdaq Composite added 3.90%. We are beginning to see a transition from large-cap growth stocks to value stocks given current market conditions. A Volatile Few…
Read MoreHow to Buy Series I Savings Bonds
Series I Savings Bonds help protect your assets from inflation. With an I Bond, you earn both a fixed rate of interest and a rate that changes with inflation. Two times per year, they set the inflation rate for the next six months. They can be purchased for yourself, your child, or as a gift…
Read MoreMorning Market Commentary for Q3 2022
The 3rd quarter was full of mixed emotions and uncertainty as we experienced a bear market rally during the first half of the quarter. Sentiment turned bearish in the second half of the quarter when the Federal Reserve persisted in raising rates to combat inflation. The S&P 500 dropped by another -5.3% for the quarter…
Read MoreMonthly Market Insights | September 2022
US Markets: Renewed fears of higher rates and economic weakening, coupled with a tough talk by Fed Chair Jerome Powell and other Fed officials, sent stocks lower in August. The Dow Jones Industrial Average dropped 4.06%. whereas the Standard & Poors 500 Index fell 4.24% and the Nasdaq Composite lost 4.64%. A Strong Start: August…
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