Weekly Market Update – March 11, 2022
Quick Takes The Russia-Ukraine fighting has continued to intensify, and inflation has accelerated further, which left all major U.S. indexes in the red for yet another week. For the week, the Dow, S&P 500, and Nasdaq fell 2%, 2.9%, and 3.5%, respectively, and the...
Weekly Market Update – March 4, 2022
Quick Takes The conflict in Ukraine has intensified and the humanitarian aspect has become much more dire. Stock indices around the world declined, reflecting the deterioration of the situation, and the increased downside risk it poses to global inflation and growth....
Monthly Market Update — February 2022
Market Performance Summary It was another difficult month for bond and equity investors. After watching virtually all major asset classes fall in January, February brought a similar trend, though at a lesser magnitude. Inflation anxieties remain but geopolitical risks...
Weekly Market Update – February 25, 2022
Quick Takes It was a troubling week as Russia began a full-scale invasion of Ukraine triggering one of the worst military crises in Europe in decades. Given the complexity of the situation with waves of sanctions being issued by Western allies and various reports of...
Russia Invades (Again)
On December 27, 1979, millions of Americans grabbed their morning coffee, walked outside to get the paper, opened it up and saw this headline: This was the beginning of the Soviet invasion of Afghanistan. The world condemned it. There was conjecture that this was the...
Weekly Market Update – February 18, 2022
Quick Takes Equities continued to struggle amid elevated geopolitical risks and expectations for tighter monetary policies as inflation pressures persist ahead of next month’s Fed meeting. Virtually all major global equity indices were down -1% or more, deepening the...
Weekly Market Update – February 11, 2022
Quick Takes Stocks continue their choppy trading, getting whipsawed in the past week by a hotter-than-expected consumer inflation report, surprisingly hawkish comments from St. Louis Fed President James Bullard, and National Security Advisor Jake Sullivan’s...
New Tax Rule on Payment Apps Like Venmo and PayPal
Information has circulated the internet about payments made through mobile money applications such as Venmo, PayPal, Cash App, etc., being taxed starting January 1, 2022. To clear up any confusion, we wanted to make sure you understand the rule and how it may or may...