Jun 19, 2022 | Financial Planning
The U.S. housing market is at the beginning stages of the most significant contraction in activity since 2006. It hasn’t shown up in many data series yet, but mortgage applications are pointing to a large decline over summer with home-purchase mortgage applications...
Apr 10, 2022 | Financial Planning
Earlier this week, Vladimir Putin’s forces attacked a train station in the east of Ukraine filled with people trying to flee the conflict. At least 50 of them were killed in the assault on Kramatorsk train station, reportedly with the use of cluster munitions. Such...
Mar 13, 2022 | Financial Planning
As the war rages on, Russia is at imminent risk of defaulting on its debts as western economic sanctions choke off its access to dollars and other global currencies to pay lenders, a move that would have devastating economic ripple effects. Inside Russia, a default...
Oct 3, 2021 | Financial Planning
The stock market bounced back on Friday after the major indexes suffered their worst month of the year in September amid rising fears of inflation, slowing growth and rising rates – the Dow Jones was down 4.3%, the S&P 500 fell 4.8%, and the Nasdaq Composite...
Aug 22, 2021 | Financial Planning
In an environment of record savings and uncertainty lingering around the delta variant, the desire for safe investments i.e. bonds, has been greater than ever. But, rising inflation has messed up that equation. With inflation running higher than 5%, bank interest...
Aug 15, 2021 | Financial Planning
With the markets at all time highs, it is easy to dismiss 15-20% returns year to date from the indexes and look for even higher returns. After all, we are human. Nothing is enough. But the market has its seasonal swings and it is fully possible that come September,...
