Dec 3, 2023 | Wealth Management
Stocks pushed higher Friday, with the S&P 500 and Dow Jones indexes recording their highest levels in more than a year, after Federal Reserve Chair Jerome Powell supported the market consensus view that key interest rates have peaked. The three major stock market...
Nov 12, 2023 | Wealth Management
It’s been quite a journey for the US economy over the past several years, from pandemic supply chain upheaval to the Federal Reserve’s battle against inflation. Consumers have kept spending, and the job market has proven perpetually robust, with predictions of...
Oct 22, 2023 | Wealth Management
Stocks ended their worst week in a month with more losses Friday, marking the third straight daily loss for the Dow Jones average and the fourth for the S&P 500, weighed by spiking Treasury yields and concerns that Israel’s conflict with Hamas could escalate...
Oct 8, 2023 | Wealth Management
Last week, the US stock market experienced its most significant decline in six months, leaving investors feeling uneasy. However, this week brought a glimmer of hope as employers added 336,000 jobs in September, marking the strongest gain since January and a notable...
Oct 1, 2023 | Wealth Management
The S&P 500 closed out its fourth consecutive week with losses, marking a nearly 5% decline for September. This performance stands as the worst monthly showing since December, reflecting investors grappling with the Federal Reserve’s message of prolonged...
Sep 17, 2023 | Wealth Management
While many investors and economists have crossed over into the sunny lands of soft landing, the major concern remains that the US consumer is about to crack. There is growing consensus that the US economy is just beginning to feel the effects of the central bank’s...
