[VIDEO] White House Revives Federal Employee Retirement Cuts in 2020 Budget Proposal So, the White House has revived a series of cuts in its 2020 Budget Proposal, which would ultimately affect pay, retirement and health benefits of federal workers. With 2.1 million civilian employees, the US government is the largest employer in the country, so […]
Weekly Market Insight: Special Update – Quarterly Report The Week on Wall Street Stocks just posted their second straight weekly gain. Investors were encouraged by the latest jobs report and new signs of progress on a U.S.-China trade deal. The Dow Jones Industrial Average advanced 1.17% in five trading days; the S&P 500, 1.27%; the […]
Weekly Market Insight: Gains Conclude a Great Quarter The Week on Wall Street Stocks ended last week higher as volatility slowed, completing their best quarter since 2009. A Friday tweet from Treasury Secretary Steven Mnuchin encouraged investors, referring to “constructive” discussions in the ongoing U.S.-China trade negotiations.[1] The S&P 500 gained 1.27% for the week. […]
Weekly Market Insight: Treasury Yields Prompt Concerns The Week on Wall Street Friday, the yield of the 3-month Treasury bill exceeded the yield of the 10-year Treasury note for the first time in 12 years. For some analysts, this “inverted yield curve” may imply a short-term lessening of confidence. (Treasury yields move inversely to Treasury […]
Weekly Market Insight: Dow, S&P, Nasdaq All Rise The Week on Wall Street The big story last week was the sudden grounding of Boeing 737 Max 8 and 9 passenger jets in dozens of countries. The financial effects of this ban could potentially impact the airline industry and segments of the economy for months.[i] While […]
Weekly Market Insight: Stocks Dip on Growth Concerns The Week on Wall Street As in February, investors spent most of the first full trading week of March hoping for new details in U.S.-China trade negotiations. While they waited, stock benchmarks drifted downward. From Monday’s open to Friday’s close, the S&P 500 lost 2.55%, while the […]
[VIDEO] What is an Independent Registered Investment Advisor? What exactly does it mean when you hear the phrase independent registered investment advisor? Well, let’s dig in. When it comes to financial planning and making decisions on who to help you with your financial future, investors are often faced with many options. I feel one of […]
Weekly Market Insight: S&P Ends Week Little Changed The Week on Wall Street Stocks lost a little ground as February gave way to March. While domestic and overseas political developments made headlines, the market stayed relatively calm: from Monday’s open through Friday’s close, the S&P 500 ceded just 0.17%, finishing the week at 2,803.69.[i] The […]
Weekly Market Insight: Optimism Spurs a Broad Rally The Week on Wall Street Stocks rallied last week as optimism about a potential U.S.-China trade deal grew. The S&P 500 advanced 0.80% during the 4-day trading week to 2,792.67. The Nasdaq Composite improved 0.86% to 7,527.54, and the Dow Jones Industrial Average gained 0.64% to 26,031.81. […]
[VIDEO] Younger Investors vs Older Investors Do you feel older people should be invested the same way as younger people? Probably not. And why? Well, when you’re younger and the market experiences significant corrections or crashes, you have time to wait for it to come back. But as you get older, and these corrections or […]
