Dec 5, 2021 | Wealth Management
This week, on Thursday, employment numbers came in lower than expected for November, but on Friday, the unemployment rate dropped and the labor participation rate rose. These mixed messages further muddled markets – stocks closed out the week with a decline...
Nov 29, 2021 | Wealth Management
Just as the European Union was confronting the ugly reality of Covid-19 infections forcing countries to go into lockdowns and the US still dealing with the Delta variant threatening to take the steam out of the economy going into the holiday season, South Africa...
Nov 7, 2021 | Wealth Management
China recorded 600 cases in the last 15 days as the delta variant has forced the country to impose strict lockdowns. The United States surpassed the sobering milestone of 750,000 COVID-19 deaths despite the widespread availability of vaccines. Worldwide, the pandemic...
Oct 24, 2021 | Wealth Management
With Q3 earnings season kicking into gear, the three major U.S. stock averages stayed near record highs in the past week. But inflation may be damping investor sentiment. Fund managers turned bearish on growth prospects for the first time since the depths of the...
Oct 10, 2021 | Wealth Management
Stocks fell Friday after a weak jobs report added to speculation about the Federal Reserve’s plan to taper its bond-buying program. September was the slowest month for job growth this year, with just 194,000 jobs added compared to consensus estimates for a...
Sep 19, 2021 | Wealth Management
The calls for a stock market correction are beginning to blow through Wall Street. Deutsche Bank cautioned on the chance for a near-term correction in markets. Bank of America also issued a warning. Like clockwork, the S&P 500 endured another mid-month swoon. But,...
