[VIDEO] TSP Modernization Act If you are a federal employee, you should be smiling. The TSP took its rather archaic and rigid withdrawal options, which had been around for 30 years, and brought it to the modern era. As of Sept 15th 2019, the TSP Modernization Act is in effect and withdrawing money from your […]
Weekly Market Insight: Benchmarks End Week Lower The Week on Wall Street Stocks retreated last week. Traders worried that the formal impeachment inquiry of President Donald Trump might distract White House officials from their pursuit of a trade deal with China, and shift the focus of Congress away from consideration of the United States-Mexico-Canada Agreement […]
Weekly Market Insight: Stocks Stage a Modest Retreat The Week on Wall Street Investors reacted to two major news items last week, one far more of a surprise than the other. The Federal Reserve did indeed make a rate cut, matching Wall Street expectations. Drone strikes on two of the world’s largest oil fields brought […]
Weekly Market Insight: Dow Logs 8-Day Win Streak The Week on Wall Street Stocks edged toward all-time peaks during a relatively calm week marked by easing trade tensions. Friday marked the eighth straight daily advance for the Dow Jones Industrial Average.[1] Small-cap shares, as tracked by the Russell 2000 index, rose 4.85% in five days. […]
Weekly Market Insight: Dow, Nasdaq, S&P 500 Advance The Week on Wall Street Stocks rose last week, with help from two developments: the announcement of further U.S.-China trade talks as well as August hiring and manufacturing numbers that seemed to bolster the argument for a rate cut by the Federal Reserve. The broad U.S. equity […]
Weekly Market Insight: Stocks Rally as August Ends The Week on Wall Street Fears of an impasse in the U.S.-China trade dispute lessened last week. While additional U.S. tariffs on Chinese imports were scheduled to take effect on September 1, China’s government communicated that it would refrain from taking retaliatory measures for the moment. U.S. […]
Weekly Market Insight: China Announces More Tariffs The Week on Wall Street Traders assumed that the week’s biggest news event would be Federal Reserve Chairman Jerome Powell’s speech at the annual Jackson Hole banking conference. Instead, China seized the headlines by announcing new tariffs on U.S. goods. Domestic stocks ended up lower for the week. […]
Weekly Market Insight: Equities Face Some Volatility The Week on Wall Street U.S. stock indices saw significant ups and downs last week, with traders looking for economic cues from Treasury yields and also developments in the tariff fight between the U.S. and China. The S&P 500 lost 1.03% on the week; the Dow Jones Industrial […]
[VIDEO] Annuity Basics & The 4 Most Common Types of Annuities I am a firm believer that annuities as a whole can do things no other financial product can do. They bring certainties to an uncertain financial plan and investment portfolio. However, choosing the wrong annuity can turn out to be a huge mistake. With […]
Weekly Market Insight: Trade Tensions Affect Stocks The Week on Wall Street Stocks spent much of last week rebounding from a Monday drop that reflected nervousness about the U.S.-China trade fight. By Thursday’s closing bell, the S&P 500 had regained all its Monday losses – but it descended again on Friday. The three big U.S. […]
