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. […]
Weekly Market Insight: Fed Cuts Rates, Stocks Retreat The Week on Wall Street Last week, the Federal Reserve cut interest rates for the first time in more than a decade, in line with Wall Street’s expectations. Ironically, stocks had their worst week of 2019. The S&P 500 finished the week 3.10% lower. The Dow Jones […]
Weekly Market Insight: Stocks Descend from Recent Peaks The Week on Wall Street Stock benchmarks retreated during the first week of the second-quarter earnings season. As some big names shared quarterly results, investors seemed more interested in what might happen at the Federal Reserve’s upcoming policy meeting. For the week, the S&P 500 declined 1.23%. […]
Weekly Market Insight: S&P 500 Tops 3,000 The Week on Wall Street Friday, the S&P 500 settled above 3,000 for the first time, after rising 0.78% for the week. The Dow Jones Industrial Average chalked up a milestone of its own: the blue chips ended the week above 27,000, gaining 1.52% on the way. Additionally, […]
[VIDEO] Procrastination vs The Power of Compound Interest Ah, procrastination….that fickle beast……..Procrastination is what I often refer to as the ultimate money killer. Let’s talk about it. When it comes to investing for your future it’s easy to find reasons to delay saving and planning, but the one friend you have on your side is […]
Weekly Market Insight: Further June Gains The Week on Wall Street Stocks advanced for a second straight week. The S&P 500 benchmark rose 0.47%; the Nasdaq Composite, 0.70%; the Dow Jones Industrial Average, 0.41%. Overseas shares, as tracked by the MSCI EAFE developed markets index, added 0.20%.[i],[ii] The market seemed to put its recent preoccupation […]
