May 28, 2023 | Wealth Management
Stocks rallied Friday on rising optimism that lawmakers will reach a deal to raise the U.S. debt ceiling, led by the tech-heavy Nasdaq, which closed at its highest level since August. The entire week came down to results from two semiconductor companies – NVidia...
May 14, 2023 | Wealth Management
When Warren Buffett speaks at Berkshire Hathaway’s annual shareholder meeting, everyone should listen. The comments at this year’s meeting that ended over last weekend were anything but positive for investors. “In the general economy, the feedback we get...
Apr 23, 2023 | Wealth Management
The dents in global economic growth are growing more visible and fallout from financial-market tension is lingering—potentially indicating that while the US is making some progress in its inflation fight, the Federal Reserve is still expected to hike rates again next...
Mar 30, 2023 | Wealth Management
Stocks closed out March with all three major market indexes higher than they were at the end of February, as the turmoil caused by the collapse of Silicon Valley Bank was contained, at least for now. The banking turbulence may well weigh on lending conditions in the...
Mar 26, 2023 | Wealth Management
Russia and China got into a love fest this week. Led by two crooks – one who caused Covid, killed millions around the world but denied it, and the other who invaded Ukraine, killed hundreds of thousands innocent civilians and continues to pursue an unwinnable...
Feb 26, 2023 | Wealth Management
Following last week’s CPI report for January that reflected an inflation rate of 6.4%, higher than expected and only slightly less from 6.5% in December, Core Personal Consumption Expenditure (PCE) data was released this week. PCE, the central bank’s preferred...
