Jul 28, 2024 | Financial Planning
The S&P 500 on Friday ended a wild week nearly 1% lower, primarily due to a continued selloff in technology stocks. The technology sector has now slumped more than 7% in two weeks. Meanwhile, the rotation trade has continued, with the small caps, up more than 3%....
May 5, 2024 | Financial Planning
An eventful five trading days for Wall Street saw the S&P 500 post back to back weekly gains. The Federal Reserve helped with a much more dovish than expected stance at its latest monetary policy decision on Wednesday. Aside from the central bank, this week also...
Apr 7, 2024 | Financial Planning
Perhaps the last thing impatient investors want to hear was the US Federal Reserve Bank of Minneapolis President Neel Kashkari saying that interest-rate cuts may not be needed this year if progress on lowering inflation stalls—especially if the economy remains...
Mar 3, 2024 | Financial Planning
Stocks rose on Friday, with the S&P 500 and Nasdaq Composite closing at fresh record highs, as tech stocks rallied. Declining Treasury yields also provided a boost, as disappointing factory data and a decline in consumer sentiment solidified expectations for...
Nov 5, 2023 | Financial Planning
There is nearly $3 trillion invested in target date mutual funds mostly from 401ks, IRAs and other retirement oiptions. Whether retirement savers in target date funds know it or not, and we presume most don’t, they are mindlessly investing their wealth. The...
Sep 10, 2023 | Financial Planning
U.S. stocks recovered slightly on Friday but ended up down for the week as anxiety over the G20 summit and the Federal Reserve turning more hawkish impacted investor sentiment. A lot is riding on the G20 summit this week, especially with notable absences that include...