Jan 31, 2021 | Wealth Management
U.S. stocks suffered their biggest one-day percentage drop in three months on Wednesday, followed by a modest bounce back on Thursday and then further sell off on Friday. This is despite the central bank keeping overnight interest rates near zero and making no change...
Jan 24, 2021 | Wealth Management
In the past four years, U.S. government debt has increased by $7 trillion to $21.6 trillion. President Joe Biden has committed to a spending program that could add $1.9 trillion more in the year ahead. At 100.1% of gross domestic product, the debt already exceeds the...
Jan 10, 2021 | Wealth Management
It is a tradition around this time of year to make predictions about what stock market holds for investors in the following 12 months. These predictions garner a lot of attention and many investors take the top stock picks by the pundits seriously, and when markets...
Dec 6, 2020 | Wealth Management
The popular saying “Ignoring someone is the highest form of disrespect” is hitting our ex-President Trump smack in his face. Wall Street is hitting all time highs, unemployment has dropped to 6.5% and the vaccine for the coronavirus is ready to be rolled out...
Nov 15, 2020 | Wealth Management
Nearly $45 billion in net inflows rushed toward equity funds this week, reflecting the optimism from resolution in two events that have plagued the market all year – the elections and lack of vaccine. With both these risks out of the way, the markets have begun...
Nov 1, 2020 | Wealth Management
As the coronavirus soars across the country, charting a single-day record of 99,155 new cases on Friday and surpassing nine million cases nationwide, tracing the path of the pandemic in the United States is no longer simply challenging. It has become nearly...
