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,...
Aug 8, 2021 | Wealth Management
The U.S. labor market brightened in July with its biggest increase in employment in almost a year, highlighting optimism about the economic recovery. The 943,000 jobs added mark a big step toward the Federal Reserve’s goal of “substantial” further progress justifying...
Jul 25, 2021 | Wealth Management
After a yearlong delay due to Covid-19, the 2020 Tokyo Olympics are finally underway despite withdrawals from many high profile athletes. The Games, the first ever without spectators, promises to be among the strangest and most fraught in history. The opening...
Jul 4, 2021 | Wealth Management
The stock market applauded the Jobs report on Friday that showed strong payrolls – but with enough concerns to keep the Fed on hold. The Nasdaq led, posting a weekly gain of 1.9%, followed by the S&P up 1.6% and the Dow trailing, but still up 1%. With the...