Weekly Market Update – September 30, 2022
Quick Takes Markets were roiled by growing fears of tightening monetary policy from an aggressive-talking Federal Reserve that shows no signs of slowing down rate hikes. The major U.S. stock averages posted sharp losses for the week, their third-straight week of...
Weekly Market Update – September 23, 2022
Quick Takes Stocks and bonds were battered for a second straight week after the Federal Reserve raised the Fed Funds rate by 75 basis points for the third straight time. Though the rate hike was expected, the Fed’s accompanying statement and post-hike announcements...
Weekly Market Update – September 16, 2022
Quick Takes Stocks and bonds couldn’t withstand hotter-than-expected inflation data, as stocks sank and yields soared following Tuesday’s consumer price index (CPI) unexpected rise. The S&P 500 and Nasdaq had their worst week since June, falling -4.8% and -5.5%...
Weekly Market Update – September 09, 2022
Quick Takes Stocks were able to withstand hawkish central banks, rising bond yields, and mixed economic data to break a three-week losing streak and finish the holiday-shortened week with solid gains. The S&P 500 index rebounded +3.7%, the small cap Russell 2000...
Monthly Market Update — August 2022
Market Performance Summary For markets in August, it was a tale of two halves. The first half of the month saw an extension of the impressive July rally, as most risk assets continued to make gains. However, the second half saw risk assets experience their biggest...
Weekly Market Update – September 02, 2022
Quick Takes Stocks and bonds fell for a third-straight week as investors’ hopes that the Fed would pivot to a more dovish stance any time soon were quelled by further hawkish comments from Fed officials following last week’s extremely hawkish message from Fed Chairman...
10 Important Questions to Ask a Financial Advisor
Are you contemplating getting a financial advisor? Before you take the plunge, it’s important to ask the right questions to make sure you have the right advisor for your needs. In this blog post, you will learn the key questions to ask a financial advisor so you...
Weekly Market Update – August 26, 2022
Quick Takes For the week the S&P 500 was down -4.0%, the Nasdaq sank -4.4%, and the Russell 2000 fell -2.9% in the second straight week of weighty declines for stocks. Aggressive comments from Federal Reserve Chairman Jerome Powell on Friday at the annual Jackson...