May 16, 2021 | Wealth Management
Last Friday’s weak jobs number gave a false sense of security to those who were worried about rising inflation. But, this week, the numbers tell a different story. Wall Street has come to realize that weak jobs numbers are not due to people not finding work, it is...
May 9, 2021 | Wealth Management
The Friday U.S. jobs report was a reminder that things are not quite back to normal. Unemployment ticked up to 6.1% as businesses added just 266,000 jobs in April—well below expectations of one million. The negative report, coupled with March’s downward revisions, ...
Apr 17, 2021 | Wealth Management
Stocks jumped to record highs this week with retail sales and weekly jobless claims signaling an accelerating recovery. Yields on benchmark 10-year Treasury notes dropped the most since February. Economic data released on Thursday showed that some parts of the U.S....
Apr 11, 2021 | Wealth Management
It began as a simple idea when Future Wealth registered itself as an LLC, five years ago on April 11, 2016. The company’s mission was to provide financial advisory services that meet our clients’ risk threshold and investment horizon at a fraction of the cost charged...
Apr 4, 2021 | Wealth Management
A recap of Q1 2021 shows major carnage in some areas of the market but March ended being a positive month for equities. The Dow led the way surging nearly 7%, but the S&P 500 also remained strong, gaining more than 4.5%. Technology was an area of weakness and the...
Mar 21, 2021 | Wealth Management
A round of late afternoon buying boosted the DJIA to another record high on Friday as rising optimism around the global economic reopening continued to encourage the rotation into cyclical stocks. But surging bond yields rekindled valuation fears in the big tech...