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Friday, November 30, 2018

Thanksgiving is a true American holiday. It celebrates generosity and gratitude, and it recognizes the relationships that helped colonists who arrived on the Mayflower in 1620 survive beyond their first winter. History.com explained:...

 

Friday, November 2, 2018

Why did the stock market fall when the economy is doing well? The answer is that one reflects the past and the other anticipates the future. Last Friday’s advance estimate from the Bureau of Economic Analysis showed the U.S....

 

Monday, October 29, 2018

The world remains full of opportunities and challenges. Although we’ve seen global markets moving in tandem in recent years, Sara Potter of FactSet pointed out, “…we’re starting to see the end of the...

 

Monday, October 22, 2018

Last week’s stock market performance startled investors. Looking back, it’s easy to identify some of the factors that may have contributed to investors’ unease and shaken confidence in the markets. Ben Levisohn of...

 

Monday, October 15, 2018

The stock market tends to be a leading economic indicator. Last week offered some insight to economics and stock market behavior. The U.S. unemployment rate reached its lowest level since 1969 and wages moved higher, yet major U.S....

 

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Monday, October 8, 2018

The Federal Reserve raised rates for the third time in 2018, as expected, and is now targeting a rate between 2 percent and 2.25 percent. The accompanying graphic shows the Fed has increased rates steadily and inflation is very close...

 

Monday, October 1, 2018

Did you hear the news last week? A tech company introduced a microwave you can turn on using Wi-Fi, as long as, you have one of the company’s voice assistants at home, reported Kaitlyn Tiffany of Vox. Soon, the voice assistants...

 

Monday, September 24, 2018

All investors are consumers, but not all consumers are investors. The September installment of University of Michigan’s Consumer Sentiment Survey reported Americans are feeling pretty optimistic. Consumer sentiment rose to the...

 

Saturday, September 15, 2018

Remember, volatility is normal. Major U.S. stock market indices climbed into record territory during August. They gave back some gains last week. Peter Wells of Financial Times explained: “Speculation about a fresh round of...

 

Friday, September 14, 2018

The United States and Mexico reached an agreement last week after weeks of renegotiating NAFTA’s trade terms. However, the deal still has to be approved by each country’s lawmakers. Investors responded positively to the...

 

Tuesday, September 11, 2018

Labor Day Labor Day is about a lot more than the end of summer and the start of a new school year. The holiday, which celebrates American workers, became a federal holiday in 1894 and was created to recognize the contributions and...

 

Monday, August 20, 2018

News of trade talks between the United States and China helped support a rally in U.S. stocks last week. The talks are scheduled for next week, and officials say the two nations hope to sign a compromise by November. The Trump...

 

Monday, August 13, 2018

Let’s talk Turkey. How did a country that represents just about 1.4 percent of the world’s economy spark a global selloff? Turkey was once a rising star. The country’s Prime Minister Recep Tayyip Erdogan took office...

 

Monday, August 6, 2018

Last week, the White House proposed capital gains be adjusted or ‘indexed’ for inflation before they are taxed. Princeton Professor Alan Blinder explained the idea in The Wall Street Journal: “Why index gains? Suppose...

 

Monday, July 30, 2018

Last week, strong U.S. economic growth made additional interest rate hikes lightly. The likelihood of additional hikes and weak earnings from a couple key technology companies was not enough to overcome positive news earlier in the...

 

Wednesday, July 25, 2018

Trade tensions escalated last week as the U.S. administration expanded tariffs on Chinese goods last week. However, you wouldn’t have known by watching the performance of various world stock market indices. Just four of the 25...

 

Wednesday, July 25, 2018

The second quarter was a good one for U.S. stock investors. The S&P 500 index climbed 2.9 percent, erasing first quarter losses and leaving the index up 1.7 percent through half of 2018. Global stocks were down 0.1 percent in the...

 

Friday, June 29, 2018

JUNE 25, 2018 What time is it? The yield curve may be the pocket watch of economic indicators. It’s been around for a long time and it’s often right, but not always. The yield curve is the difference between the interest...

 

Monday, June 25, 2018

U.S. ECONOMY Last Wednesday, the central bank raised the benchmark interest rate by a quarter of a percentage point to a range of 1.75 percent to 2 percent. The much-expected rate hike and announcement also included information...

 

Thursday, June 14, 2018

Meetings. Meetings will be a central topic for investors this week. The G7 meeting ended with acrimony as the United States communicated its desire for trade agreements more beneficial to U.S. firms. While much of the posturing was for...

 

Wednesday, June 13, 2018

JUNE 4, 2018 Last week, world markets were buffeted by a clamor of good, bad, and unexpected news last week. Events that captured media and investor attention included: Taxing America’s allies. Early in the week, investors...

 

Thursday, June 7, 2018

MAY 28, 2018 Market Update Geopolitical uncertainty didn’t dent U.S. stocks last week. Geopolitics is the intersection of geography, economics, and politics. Last week, there were some fine examples of the ways geopolitical...

 

Wednesday, June 6, 2018

MAY 21, 2018 U.S. stock markets were relatively calm, although they finished the week lower. U.S. Treasury yields hit a 7-year high and finished the week above 3 percent. While these were notable, the most remarkable events last week...

 

Tuesday, May 29, 2018

How do employers lure staff in a tightening labor market? The curly tail grubs and spinnies of the business world are higher wages and better benefits. During the past decade, the employment picture in the United States has shifted...

 

Monday, May 14, 2018

On a daily basis, the market volatility that emerged at the start of the year continues to be felt. But, aside from the daily swings, April was a rather dull month. The S&P 500 rose 0.2 percent. The MSCI ACWI rose 0.8 percent as...

 

Friday, May 11, 2018

APRIL 30, 2018 Federal Reserve and Interest Rates The Federal Reserve and the U.S. bond market appear to be in agreement about the direction of interest rates. For more years than anyone cares to count, investment professionals have...

 

Wednesday, May 2, 2018

APRIL 23, 2018 The world is in debt. The April 2018 International Monetary Fund (IMF) Fiscal Monitor reported global debt has reached a historically high level. In 2016, debt peaked at 225 percent of global gross domestic product...

 

Wednesday, April 25, 2018

During the first four months of 2018, U.S. stocks have experienced not one, but two, 10 percent declines. These short-term reversals are known as corrections. They occur relatively often, helping to wring out investor exuberance and,...

 

Monday, April 16, 2018

During the first week of the first quarter of the New Year, the Dow Jones Industrial Average rose above 25,000 for the first time ever. Less than two weeks later, it closed above 26,000. The Standard & Poor’s (S&P) 500 Index and...

 

Saturday, April 7, 2018

Why am I saving and investing? This is always an important question. There are many reasons people save and invest, including to:Why am I saving and investing? This is always an important question. There are many reasons people save...

 

Tuesday, April 3, 2018

It’s a good time for a gut check. Last week, after sliding lower for four days, the Standard & Poor’s 500 Index recouped some of its losses on Friday. The reasons behind the week’s poor showing were diverse....

 

Thursday, March 29, 2018

MARCH 12, 2018 Last week, Barron’s reported, “Across the nation, in industries as varied as trucking, construction, retailing, fast food, oil drilling, technology, and manufacturing, it’s becoming increasingly...

 

Thursday, March 15, 2018

Last week, global stock markets took a bit of a dip after President Trump announced a 25 percent tariff on steel and a 10 percent tariff on aluminum. Tariffs are taxes on goods imported from other countries. In general, governments...

 

Tuesday, March 13, 2018

U.S. Treasuries are offering a lesson in supply and demand. Last week, the U.S. Treasury auctioned $258 billion in bonds. Treasury auctions are the way the United States government finances its debt. The Treasury sells short,...

 

Tuesday, March 6, 2018

Inflation continues to be an important factor shaping the market. In the aftermath of the 2008 financial crisis, investors were primarily concerned about the economy growing too slowly. In that environment, bonds tend to diversify the...

 

Thursday, February 22, 2018

Last week was another volatile week for the stock market. However, the fundamentals that underpin the stock market still appear to be supportive for growth. The Purchasing Managers Index (PMI) for the services sector of the economy...

 

Wednesday, February 14, 2018

Last week, the streak of days during which the S&P 500 never feel more than 3% from an all-time high ended at 202 days in total. 2017 was a very abnormal year in regards to how little downside stock markets experienced. We typically...

 

Wednesday, February 7, 2018

Through last week, about one-fourth of the companies in the Standard & Poor (S&P)’s 500 Index had reported actual revenues and earnings for the fourth quarter of 2017. As far as revenues go, a record number, 81 percent, of...

 

Monday, January 29, 2018

JANUARY 22, 2018 In 2013, the U.S. government closed for 16 days. About 850,000 federal workers were furloughed and 6.6 million workdays lost. The shutdown affected private companies that worked with the government, too, and the U.S....

 

Thursday, January 18, 2018

The S&P 500 is up nearly 9 percent since the beginning of the fourth quarter in 2017. Three quick thoughts to keep in mind: A full year’s price appreciation occurred in just over three months. Based on interest rates and...

 

Monday, January 1, 2018

How good was 2017? It was so good, the Standard & Poor's (S&P) 500 Index finished in positive territory every month for the first time ever (on a total return basis), reported Barron's. All major U.S. indices finished...

 

Monday, December 25, 2017

Last week, President Trump signed the recently passed tax law, officially titled 'An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.' The legislation...

 

Tuesday, December 19, 2017

The CBOE Volatility Index (VIX), a measure of how unpredictable investors expect the S&P 500 Index to be over the short-term, finished the week below 10. A low VIX reading means investors expect calm markets through the end of the year...

 

Tuesday, December 5, 2017

What will it take to shake investors’ confidence? From the perspective of unsettling events, last week was jam-packed. North Korea claimed to have the capability to strike the United States with a nuclear missile, tax reform...

 

Wednesday, November 29, 2017

There was a lot to be thankful for last week as stocks bounced back last week after two weeks of declines. In addition, stock markets around the world have advanced throughout the year. The question is, “Have markets become...

 

Wednesday, November 22, 2017

Thanksgiving is the best of all family dinners. It’s a celebration of our great nation and the many blessings that occur when people unite together in the spirit of communication. We hope you have a wonderful Thanksgiving...

 

Monday, November 20, 2017

With more than 90 percent of companies reporting, the total EPS growth rate for the S&P 500 has exceeded expectations, reported FactSet. In aggregate, the growth rate accelerated from 3.1 percent on September 30 to 6.1 percent last...

 

Monday, July 24, 2017

The Standard & Poor’s 500 (S&P 500) Index and the Dow Jones Industrial Average (DJIA) both finished at record highs last week. Barron’s indicated investors owe Federal Reserve Chair Janet Yellen a debt of gratitude...