Dow hits 50,000 and we say “Thank You”
Wall Street ended the trading week struggling to come out of the deep technology led selloff earlier in the week, which pushed most of the Magnificent Seven names and some of the top tech companies in the red, despite positive Q4 earnings. The Dow Jones, however,...
Weaker dollar policy drives commodities higher
Wall Street ended the trading week in the red as most of the Magnificent Seven stocks reporting earnings did not lift sentiments, contributing to tech trade sell-off. The Federal Reserve hit a pause in its interest rate cutting cycle, and precious metals suffered a...
US deemed no longer dependable
Wall Street closed the trading week lower following a volatile stretch marked by heightened geopolitical uncertainty. Geopolitical developments took center stage after Donald Trump reiterated his interest in Greenland during remarks at the World Economic Forum in...
Trump – The Tariff King Strikes Again
Wall Street closed the trading week modestly lower, with the S&P 500 remaining within striking distance of the historic 7000 level. Investor attention also focused on key inflation data and the kickoff of earnings season. Core CPI edged slightly below...
2026 Stock Market Outlook – Uncertainty Abounds
Wall Street closed out the first full trading week of the New Year at record levels on Friday, with the S&P 500 index ending about 34 points shy of the historic 7000 mark. A revival in the tech trade coupled with mixed labor market economic data boosted sentiment...
Merry Christmas and Happy New Year from Future Wealth LLC
We wish every one of clients and our readers - Merry Christmas and A Happy New Year. The S&P 500 is up 16.2% year to date on the back of 24% return in 2023 and 23% return in 2024. The S&P 500 is now up 78% since the end of 2022. All signs point to the market...
Fed cuts interest rates but AI trade stalls
It was a strange week on Wall Street with the S&P 500 and the Nasdaq posting losses, while the Dow gained - signaling the first signs of a rotation out of the technology sector .The Federal Reserve’s interest rate decision was offset by a slump in the artificial...
Future Wealth LLC crosses $75 million in assets under management
Nine years ago, this company was founded on the premise that there was a need for a different approach to Wealth Management – popular institutions providing Wealth Management and Financial Advisory services were solely focussed on ultra high net worth clients and...
Unemployment jumps to 4.4%
Wall Street posted its worst week since early October on Friday, as Nvidia's blowout quarterly results failed to lift the AI trade and economic data presented a difficult situation for the Federal Reserve. Nvidia easily beat earnings expectations confirming that the...