Investment Commentary –December 15th, 2022 Year to Date Market Indices as of December 15th, 2022 • Dow 33,277 (-8.16%) • S&P 3,911 (-17.87%) • NASDAQ 10,892 (-30.23%) • OIL $85.12 (12.84%) • Barclay Bond Aggregate (-8.36%) Here’s what the Federal Reserve’s half-point rate hike means for you The Federal Reserve raised interest rates for the [...]
Investment Commentary – November 16, 2022 Year to Date Market Indices as of November 16, 2022 • Dow 33,595 (7.56%) • S&P 3,976 (-16.25%) • NASDAQ 11,258 (-28.89%) • OIL $85.12 (12.84%) • Barclay Bond Aggregate (-14.62%) Consumer prices rose 0.4% in October, less than expected, as inflation eases The consumer price index increased 0.4% [...]
Investment Commentary –November 2nd, 2022 Year to Date Market Indices as of November 2nd, 2022 • Dow 32,565 (-10.54%) • S&P 3,833 (-19.75%) • NASDAQ 10,778 (-31.31%) • OIL $89.91 (19.17%) • Barclay Bond Aggregate (-16.88%) U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive Gross domestic product [...]
Investment Commentary –October 26th, 2022 Year to Date Market Indices as of October 25th, 2022 • Dow 31,805 (-11.52%) • S&P 3,840 (-19.02%) • NASDAQ 11,513 (-29.39%) • OIL $86.20 (5.00%) • Barclay Bond Aggregate (-17.14%) IRS: These are your 401(k) and IRA contribution limits for 2023 It may be time to up your 401(k) [...]
Investment Commentary – October 12, 2022 Year to Date Market Indices as of October 12, 2022 • Dow 29,322 (-19.46%) • S&P 3,589 (-24.75%) • NASDAQ 10,428 (-33.39%) • OIL $87.57 (15.31%) • Barclay Bond Aggregate (-16.22%) Yahoo Finance: Stocks rise as investors weigh inflation data, Fed minutes U.S. stocks inched higher Wednesday even as [...]
Investment Commentary – September 28, 2022 Year to Date Market Indices as of September 28, 2022 • Dow 29,187 (-19.82%) • S&P 3,649 (-23.48%) • NASDAQ 10,805 (-30.78%) • OIL $79.54 (5.31%) • Barclay Bond Aggregate (--15.92%) JP Morgan Economic Update Growth 2Q22 Real GDP showed the economy contracted at a 0.6% annual rate [...]
Investment Commentary – September 21, 2022 Year to Date Market Indices as of September 21, 2022 • Dow 30,958 (-13.93%) • S&P 3,894 (-17.89%) • NASDAQ 11,977 (-26.54%) • OIL $88.92 (17.64%) • Barclay Bond Aggregate (--11.55%) American Century Investments: Can I Reinvest My Required Minimum Distribution? With most retirement accounts, once you reach a [...]
Investment Commentary – September 14, 2022 Year to Date Market Indices as of September 14, 2022 Dow 31,184 (-14.16%) S&P 3,948 (-11.12%) NASDAQ 11,709 (-22.09%) OIL $88.92 (17.64%) Barclay Bond Aggregate (--11.55%) Wholesale prices fell 0.1% in August amid inflation fears On a year-over-year basis, headline PPI increased 8.7%, a substantial pullback from the [...]
Investment Commentary –August 17th, 2022 Year to Date Market Indices as of August 17th, 2022 • Dow 34,118 (-5.92%) • S&P 4,307 (-9.96%) • NASDAQ 13,658 (-17.22%) • OIL $86.38 (14.57%) • Barclay Bond Aggregate (--9.62%) STOCK MARKET NEWS: Walmart, Home Depot lift Dow, housing hit again, oil below [...]
Investment Commentary – August 9, 2022 Year to Date Market Indices as of August 9, 2022 • Dow 32,771 (-9.77%) • S&P 4,121 (-13.44%) • NASDAQ 12,497 (-20.06%) • OIL $90.76 (20.29%) • Barclay Bond Aggregate (--9.77%) On rare days, the market rises 5% — or even 10%, Wells Fargo [...]