Weekly Market Update – July 08, 2022
Quick Takes Stocks advanced for the second week in the last three, but inflation and recession concerns remain top concerns. The S&P 500 was up +1.9% for the week, advancing for four of the five days, and the tech-heavy Nasdaq was up five straight days for a +4.6%...
Monthly Market Update — June 2022
Market Performance Summary June capped another difficult month, and quarter, for virtually all asset classes. As shown in the table below, all major asset classes declined in the month, and the quarter ended in June. And following the first quarter of 2022, which was...
Weekly Market Update – July 01, 2022
Quick Takes Stocks fell for the fourth week in the last five as inflation and growth concerns continue to wear on investors. The S&P 500 and Russell 2000 fell -2.2%, while the Nasdaq finished lower by -4.1%. Growth stocks, the prior week’s leaders, were the...
Weekly Market Update – June 24, 2022
Quick Takes Stocks rebounded sharply last week as the S&P 500’s +6.5% gain erased the prior week’s -5.8% drop, thanks to a big +3.01% rally on Friday, the strongest daily gain since May 18, 2020. As a result, the S&P 500 exited bear market territory, and all...
The Ultimate Guide to 529 Plans
As a parent, you undoubtedly want the best for your child, and investing in their education is a crucial step towards securing their future. That’s where 529 plans come in – a powerful savings tool designed to help you prepare for the rising costs of...
Maximizing Your Retirement with the Thrift Savings Plan
The Thrift Savings Plan (TSP) is a retirement savings and investment plan exclusively available to federal employees and members of the uniformed services. It offers numerous advantages, including diverse investment options, low costs, and tax benefits. This makes it...
Weekly Market Update – June 17, 2022
Quick Takes The S&P 500 dropped -5.8% for the week, its worst week since 2020, and is now down for ten of the past eleven weeks, which has only happened once before in 1970. Meanwhile, in fixed income, Treasury bonds fell, and yields moved higher with the 10-year...
Weekly Market Update – June 10, 2022
Quick Takes The S&P 500 and Nasdaq Composite lost 5.1% and 5.6%, respectively, for their ninth losing week in 10 and the worst week since January, following a deep and broad-based selloff on Friday as investors reacted to the highest inflation in four decades and...