May 8, 2022 | Wealth Management
Very few Fed meetings have been as important as one on Wednesday this week. After Fed Chair Jay Powell’s prepared comments, the perfect question from the CNBC reporter during the Q&A session that turned the markets around was “Will there be a 75 basis point...
May 1, 2022 | Wealth Management
The bad news – stocks closed out their worst month in years, as investors battled a host of headwinds, including monetary tightening from the Federal Reserve, rising interest rates, worsening inflation, COVID lockdowns in China and the ongoing war in Ukraine....
Apr 17, 2022 | Wealth Management
Stocks meandered lower this week deepening losses for all three of the market’s benchmark indexes. The moves came as investors focused on inflation with Treasury yields climbing higher, and back-to-back inflation reports showed prices posting record advances. The main...
Mar 27, 2022 | Wealth Management
All three major stock market averages notched their second straight winning week. The stock market’s rebound has come even as the war in Ukraine continues with little sign of being resolved shortly and with interest rates shooting higher as the Federal Reserve...
Mar 20, 2022 | Wealth Management
Chinese leader Xi Jinping assured U.S. President Joe Biden on Friday that he didn’t want war in Ukraine, but that he doesn’t approve of sanctions, either. During the highly anticipated call, Biden warned Xi of “implications and consequences”, should China move to...
Mar 6, 2022 | Wealth Management
In over three hours of testimony on Wednesday this week, Federal Reserve Chair Jerome Powell made the fight against inflation his top priority over the risks from Russia’s invasion of Ukraine, backing a quarter point interest rate rise later this month. He set the...
