Weekly Market Update – April 14, 2023
Quick Takes Inflation concerns, bank stress, and odds for a deep recession all faded during the week which helped stocks get back in the winning column. For the week the S&P 500 gained +0.8%, the small cap Russell 2000 rose +1.5%, and the Nasdaq Composite added...
Weekly Market Update – April 07, 2023
Quick Takes Stocks ended a three-week win streak and bonds marked a three-week win streak. The S&P 500 Index slipped -0.1% and the Bloomberg US Aggregate Bond Index was up +0.5%. The stock market was closed for Good Friday, but the bond market was open for part of...
Monthly Market Update – March 2023
Key Points Contagion Contained. March was marked by a banking crisis that developed rapidly and seemingly disappeared almost as quickly. Within just a couple weeks the second and third largest bank failures in history occurred and the bank regulators in partnership...
Weekly Market Update – March 31, 2023
Quick Takes Investors were able to put aside banking sector contagion concerns and instead focused on several indicators pointing to inflation easing. The prospects of bank troubles being contained and inflation pressures falling helped global stocks rally solidly for...
Weekly Market Update – March 24, 2023
Quick Takes The fast-developing banking crisis continued to be a primary focus for investors for another week. After three mid-sized U.S. banks in just two weeks, as well as Credit Suisse being sent into the arms of its Swiss neighbor UBS, now Germany’s Deutsche Bank...
Understanding Required Minimum Distributions (RMDs)
As you prepare for retirement, you may be wondering about the many financial decisions that come with this new stage of life. One crucial aspect of retirement planning is understanding Required Minimum Distributions (RMDs). In this blog, we’ll cover what RMDs...
Trusts and Retirement Planning: Understanding Revocable vs Irrevocable Trusts
Trusts are a crucial estate planning tool that can help individuals protect and manage their assets during their lifetime and ensure their distribution after their death. Trusts can be categorized as either revocable or irrevocable, each with its own unique advantages...
Weekly Market Update – March 17, 2023
Quick Takes There were big inflation reports during the week, but most of the market’s attention was on the continuing drama surrounding several bank failures and what the resolutions might be to avoid further damage. One of the latest actions was a group of the...